480 Rosecrans Avenue Manhattan Beach, CA 90266

$5,950,000  
0.14 Acres On Site: 13 Days
Built: 1974
A rare opportunity for this beautiful remodeled 8-unit (2 non-conforming) ocean view apartment building in the Sand Section of Manhattan Beach! Over $200K in improvements! Most units have been completely redone with hardwood flooring, new kitchen and bathroom cabinetry, new appliances, new plumbing, new paint plus much more. These units sparkle!! Unit make up is 5 2 bedrooms/2 Bathroom units, one 4bed/4ba unit, one 1bed/1ba and one single with full kitchen and bath. The property is situated on an over-sized street to alley double lot with 10 covered parking spaces and additional tandem parking for a total of 18 parking spaces!! Truly an extraordinary opportunity with tons of potential in income as well as future building opportunities!
Status:Active
Property Type:Commercial/Residential
MLS #:SB19032024
Year Built:1974
On Site:13 Days
Lot Size:0.14 Acres

Detailed Maps

Community Information

Address:480 Rosecrans Avenue Manhattan Beach, CA 90266
Zip Code:90266

Architecture

Year Built:1974
Roofing: Flat
Parking: Carport

Features / Amenities

Common Walls: 2+ Common Walls

Property Features

Lot Size: 0.14 Acres / 5883 Sq. Ft.
Lot Features: Level with Street
View: Ocean, Peek-A-Boo
Lot Number: 10
Sewer: Public Sewer
Water: Public
Zoning:MNRM-D1

Tax and Financial Info

Electric Expense: 1932.00
Insurance Expense: 5063.00
Trash Expense: 2376.00
Water / Sewer Expense: 2120.00
Total Expenses: 93262.00
Gross Monthly Income: 270315.00
Laundry Income: 75.00
Land Lease: Yes

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Listing Information Last Updated 2/23/2019
Listing provided courtesy of Carole Hansen, Engel & Volkers La-South Bay.
Based on information from California Regional Multiple Listing Service, Inc. as of 2/23/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Summary:

Home for sale at .

Description: The property at 480 Rosecrans Avenue Manhattan Beach, CA 90266 in the subdivision with the MLS# SB19032024 is currently listed for $5,950,000 and has been on the market for 12 days.

GeoCoordinates:

33.901551
-118.4148256

Listing Price: $5,950,000

You are viewing the CRMLS listing details of the home for sale at 480 Rosecrans Avenue Manhattan Beach, CA 90266, which features 0 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.