Triplex
Listing Agent: Bryn Stroyke (DRE #00855690) · Listing Office: Bayside · Contact: 310-880-3436 · Bought with: Bryn Stroyke · Bayside · MLS #SB26133618 · Source: CRMLS
1016 The Strand sold for $8,500,000 in October 2026, 2.2% under its $8,695,000 list price, after 88 days on the market. It was first listed at $9,295,000. That works out to $2,973 per square foot on 2,859 square feet. Across 245 closed sales in 90266 over the last 12 months, the median sold price is $3,800,000 and the median is $1,558 per square foot, 48% below this sale's $2,973. 4-bedroom rentals in 90266 currently list at a median of $15,000 a month (26 listings).
| Quarter | Closed sales in 90266 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $3,155,000 |
| Q2 2026 | 103 | $3,950,000 |
| Q3 2026 | 106 | $3,400,000 |
| Q4 2026 | 25 | $4,225,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Manhattan Beach · Homes for sale in 90266
Rare South Manhattan Beach Strand opportunity at a price point not seen south of the Manhattan Beach Pier since 2017. Located just two homes south of the pier, 1016 The Strand is a triplex property offering exceptional oceanfront frontage, walkability, income potential, and long-term flexibility. Originally built in 1938, the property is currently configured with a main residence, Strand-level studio, and separate one-bedroom residence above the garage. The main residence encompasses approximately 2,850 square feet and enjoys sweeping views of the Manhattan Beach Pier, Catalina Island, Palos Verdes, the Malibu coastline, and the Pacific Ocean beyond. Just steps from downtown Manhattan Beach's restaurants, shops, and cafés, the property offers a unique combination of oceanfront living and everyday convenience. Recent planning changes have further enhanced redevelopment opportunities for triplex properties, creating a compelling opportunity for owner-users, investors, and developers alike.
Listing description from the October 2026 sale, as reported to CRMLS.
Closed sales reported in 90266, nearest first, last 12 months. All recent sales in Manhattan Beach →