Live South Bay Local - Passionate. Professional. Principled.

This irresistible home plus home opportunity features a fabulous three story Strand fronting home, with a rear home that’s grandfathered in, built way above today’s height limits, offering unparalleled 220 degree panoramic, unblockable views from PV Peninsula to the Santa Monica Mountains, which is unheard of on the Strand. The front home, 3404 THE STRAND, features 3556sf, w/ 4 beds & 3.5 baths. The Strand level features a huge beach room for TV, movies & every sort of entertaining w/ wet bar, a full bathroom & bonus room that might be converted to a 5th bedroom. The sliding doors & folding windows allow the beach room to have access to a covered patio sitting above the Strand. Enter the home through the front door off a gated, exclusive Southern walkway into a wind sheltered flagstone patio which separates the 2 buildings. From the front door you are immediately captivated by the breathtaking ocean views. This floor consists of a powder room, a large office/bedroom, an open great room w/ a killer dining area & gourmet kitchen featuring SS Subzero fridge/freezer, top of the line Thermador 6 burner range w/ griddle & dual Thermador dishwashers. The west facing deck, spans the entire width of the property & overlooks the Strand,bike path,beach & the sparkling Pacific Ocean. The REAR HOME is 3405 OCEAN DR. which sits above a 6 car, triple tandem side by side garage. Above the garage is a remodeled, spacious 2,012sf, 4 bed, 3.5 bath home w/ unblockable ocean views from both floors. The owners call it “Heaven’s Door as it sits 30’ tall & towers over every other Strand property in MB. It is grandfathered in, built in the mid 1970’s, under the old 6 point height calculations & can never be replicated. Exclusive access to this unique, rear home is via a stairwell on the north side off Ocean Dr. The REAR HOME RENTS for roughly $18-20k/MO. covering property taxes+, or a healthy chunk of debt. Or, if one is looking for a stable investment return, one could rent out both homes for roughly $55K a month or $660k a year. At asking price that is a healthy ROI of approx 3% Cap Rate. The owners currently use it as an office, but also as a world class guest house for family & visitors given the unique privacy & flexibility of the property. This location offers a quick exit out of town, or handling daily necessities just 2 blocks away at NMB’s restaurants, shops, gyms, spas, & pubs. And NMB’s bigger, better surf is right out front. TWO GREAT HOMES FOR THE PRICE OF ONE.