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121 Rosecrans Avenue, Manhattan Beach, CA 90266

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For Sale

$3,599,000

7 beds • 4 baths • 2,496 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,441.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Located just 4 homes to "The Strand Prime Ocean View Income Opportunity on a Full 30 x 90 Lot. These four bright and spacious units rent easily due to the close proximity to the beach, the surf, and North End restaurants, retail and cafes. 3 units with 2 bedrooms and 1 bathroom each, plus a 4th unit with 1 bedroom and 1 bathroom. Each unit includes 1 garage space, 1 tandem driveway space (8 cars total), and separate electric and gas meters. The building currently generates $13,230/mo in combined income ($158,760 yearly), with big upside. Short term rental income could provide $31,576 monthly income ($378,918 yearly), yielding a 5.23% CAP rate. Inquire for comps & income schedule. Properties with this many units and such close proximity to the beach are rarely available at a price like this.
MLS# SB24058635

Courtesy Of Strand Hill Properties

(310) 545-0707

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Living Room
  • View Type
    Ocean, Water

Map and Directions

Directions to 121 Rosecrans Avenue, Manhattan Beach, CA 90266

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(626) 285-2121
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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