2516 The Strand, Manhattan Beach, CA 90266
Duplex
Sold October 2026
Listing Agent: Shawn Dugan (DRE #01749343) · Listing Office: Strand Hill Properties · Contact: manonthestrand@gmail.com · Bought with: Josh Perelson · Compass · MLS #SB26105156 · Source: CRMLS
How this sale compares
2516 The Strand sold for $10,950,000 in October 2026, 0.4% under its $10,999,000 list price, after 72 days on the market. It was first listed at $11,999,000. That works out to $3,069 per square foot on 3,568 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, 49% below this sale's $3,069. 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
Description
Welcome to 2516 The Strand - a rare oceanfront duplex opportunity on an oversized 3,498 square foot beachfront lot (33’ x 105’) in the heart of Manhattan Beach. Perfectly positioned along one of the South Bay’s most iconic stretches of coastline, this approximately 3,568 square foot property offers versatility today, with extraordinary future potential. Enhancing the uniqueness of the property, an existing view easement across the neighboring property to the north makes the home live more like a corner lot, with sweeping coastline views that extend beyond 180 degrees. The property is thoughtfully configured as two spacious 2-bedroom, 2-bath residences, with the upper unit occupying the entire top level and the lower unit offering its own comfortable beachside living experience. Whether held as an income property, used for multi-generational living, enjoyed as a coastal retreat, or reimagined as a future custom Strand residence, the opportunity is compelling. The upper residence captures classic Manhattan Beach oceanfront living with expansive living areas, abundant natural light, and multiple outdoor spaces that embrace the beachfront setting. Front and rear balconies create indoor-outdoor flow, while fireplaces in both the living room and primary bedroom add warmth, character, and a sense of retreat. The lower residence offers generous living space and immediate access to the Strand lifestyle just outside the door. Rare for a beachfront property, the home also features exceptional parking with a 2-car garage plus additional parking for four vehicles in the driveway and carport area - an invaluable amenity in this premier location. From the sand, surf, volleyball courts, and bike path to the shops and restaurants of Downtown Manhattan Beach, this is a legacy coastal property in one of the most desirable beachfront locations in Southern California. A rare chance to own, enjoy, invest, or build on The Strand.
Listing description from the October 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 2516 The Strand
229 25th Place: Sold $3,072,000 · 3 bd · 4 ba · 1,936 sqft · Sep 2026 · 0.1 mi
Radius Agent Realty | DRE #01397157
Buyer's agent: NONE NONE, None MRML | DRE #N/A315 25th: Sold $6,050,000 · 3 bd · 4 ba · 2,597 sqft · Oct 2026 · 0.1 mi
S C Real Estate | DRE #01901957
Buyer's agent: Christopher Plank, Pacifica Properties Group, Inc. | DRE #01017334225 28th Street: Sold $5,540,000 · 4 bd · 6 ba · 3,905 sqft · Sep 2026 · 0.1 mi
Strand Hill Properties | DRE #01749343
Buyer's agent: Shawn Dugan, Strand Hill Properties | DRE #01749343127 21st: Sold $4,355,000 · 5 bd · 4 ba · 2,252 sqft · Sep 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01463347
Buyer's agent: Robert Lane, Vista Sotheby’s International Realty | DRE #00768020417 23rd Street: Sold $2,912,500 · 3 bd · 4 ba · 1,895 sqft · Sep 2026 · 0.2 mi
Strand Hill Properties | DRE #00925580
Buyer's agent: Jeremy Shelton, Pacifica Properties Group, Inc. | DRE #01416145220 20th Street: Sold $7,450,000 · 4 bd · 4 ba · 3,716 sqft · Sep 2026 · 0.3 mi
Pacifica Properties Group, Inc. | DRE #00872303
Buyer's agent: Andrew Weir, Bayside | DRE #019886681812 Ocean Drive: Sold $3,950,000 · 2 bd · 1 ba · 690 sqft · Sep 2026 · 0.3 mi
Ossia Real Estate | DRE #01290178
Buyer's agent: Dean Alessi, eXp Realty of California Inc | DRE #02204679429 20th Street: Sold $4,750,000 · 3 bd · 3 ba · 1,779 sqft · Sep 2026 · 0.3 mi
Compass | DRE #01295248
Buyer's agent: Alexandra Powers, Strand Hill Properties | DRE #02005232
Closed sales reported in 90266, nearest first, last 12 months. All recent sales in Manhattan Beach →