480 Rosecrans Avenue, Manhattan Beach, CA 90266
Local realty services provided by:CENTURY 21 Affiliated
480 Rosecrans Avenue,Manhattan Beach, CA 90266
$5,400,000
- 10 Beds
- 10 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.
MLS#:SB26071305
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,400,000
About this home
480 Rosecrans Ave offers a rare opportunity to acquire a well-capitalized 7-unit multifamily asset in the highly sought-after Sand Section of Manhattan Beach, one of Southern Californias most supply-constrained and desirable coastal rental markets. The property features a townhome-style configuration with a highly attractive unit mix of (2) 3-bed/3-bath, (4) 2-bed/2-bath, and (1) 1-bed/1-bath units. Six of the units include private outdoor balconies, enhancing livability and supporting strong tenant demand in this beach-oriented submarket. Since April 2024, ownership has completed approximately $200,000 in capital improvements, including full plumbing and electrical renovations in Units 1, 2, and 7, new heating systems in Units 1, 2, and 4, and a new AC and heating unit in Unit 7. Additional infrastructure upgrades include a 400 AMP electrical service with underground connection, new subpanels in multiple units and the laundry room, and an upgraded main plumbing line connected to the city, providing long-term operational stability and reducing near-term capital expenditure risk. Exterior improvements include new patios for Units 1, 2, and 3, further enhancing tenant appeal. In addition, the property features a new 356 square foot storage room that is ready for subdivision into five rentable storage units, offering potential for additional ancillary income. Complemented by on-site laundry facilities and carport parking for each unit, the property delivers strong in-place cash flow with a 4.85% current CAP rate, while benefiting from exceptional long-term appreciation fundame...
Contact an agent
Home facts
- Listing ID #:SB26071305
- Added:1 day(s) ago
- Updated:April 07, 2026 at 04:36 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$5,400,000
New listings near 480 Rosecrans Avenue
- New
$2,295,000Active3 beds 2 baths1,278 sq. ft.1210 Keats Street, Manhattan Beach, CA 90266
MLS# PV26070168Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Coming Soon
$5,149,000Coming Soon4 beds 6 baths1625 18th Street, Manhattan Beach, CA 90266
MLS# 26655945Listed by: REAL ESTATE EBROKER INC. - Coming Soon
$3,995,000Coming Soon5 beds 3 baths4308 Crest Drive, Manhattan Beach, CA 90266
MLS# SB26072442Listed by: EXP REALTY OF CALIFORNIA INC - Coming SoonOpen Fri, 12 to 2pm
$24,995,000Coming Soon5 beds 8 baths3216 The Strand, Manhattan Beach, CA 90266
MLS# SB26070987Listed by: S C REAL ESTATE - New
$3,750,000Active4 beds 4 baths3,017 sq. ft.2422 N Ardmore Avenue, Manhattan Beach, CA 90266
MLS# CL26673243Listed by: COLDWELL BANKER REALTY - New
$9,750,000Active4 beds 5 baths5,586 sq. ft.109 S Poinsettia Avenue, Manhattan Beach, CA 90266
MLS# CRSB26071131Listed by: COMPASS - New
$10,500,000Active5 beds 4 baths3,107 sq. ft.921 Highland Avenue, Manhattan Beach, CA 90266
MLS# SB26070869Listed by: BAYSIDE - New
$9,750,000Active4 beds 5 baths5,586 sq. ft.109 S Poinsettia Avenue, Manhattan Beach, CA 90266
MLS# SB26071131Listed by: COMPASS - New
$6,499,000Active5 beds 6 baths3,766 sq. ft.3205 Bayview Drive, Manhattan Beach, CA 90266
MLS# SB26067701Listed by: DOMO REAL ESTATE