480 Rosecrans Ave

Manhattan Beach, CA 90266 View Map $6,200,000 Schedule a Tour
Sq.Ft. Lot5,883
Year1974
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(310) 341-2017
 
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Status: Active
Property Type:Mixed Use
MLS #:SB21263452
On Site:22 Days
Lot Size:5,883 Sq. Ft.
County:Los Angeles
Amazing investment opportunity or 1031 Exchange. This beautiful and updated 8-unit ocean view apartment building in the Sand Section of Manhattan Beach! Many recent improvements and upgrades to these units! 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 bed/2 Bath units, one 4bed/4bath unit, one 1bed/1bath and one single with full kitchen and bath. The 1bed/1bath unit and one of the 2 bed/2 bath units were "split" from an original 4bed/3 bath unit. The single was built out in permitted space originally for storage. (We are told, broker has not confirmed-BTV!) 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 upgrade potential!

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

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

Architecture

Year Built:1974
Construction Materials: Stucco
Building Area: 6738.0
Number of Buildings: 1
Total Units: 8
Unit 1: 1 Unit•4 Beds•4 Baths•Unfurnished•$3,595 actual rent•$3,595 total rent•$5,300 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,000 actual rent•$4,000 total rent•$4,200 pro forma
Unit 3: 1 Unit•2 Beds•2 Baths•Unfurnished•$3,695 actual rent•$3,595 total rent•$4,000 pro forma
Unit 4: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,000 actual rent•$4,000 total rent•$4,200 pro forma
Unit 5: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,900 actual rent•$2,900 total rent•$4,000 pro forma
Unit 6: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,995 actual rent•$2,995 total rent•$4,000 pro forma
Unit 7: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,600 actual rent•$1,600 total rent•$2,200 pro forma
Unit 8: 1 Unit•1 Bath•Unfurnished•$2,200 actual rent•$2,200 total rent•$2,400 pro forma
Roof: Flat
Carport Spaces: 10.0
Parking Features: Carport, On Site, Off Street
Open Parking Spaces: 8.0
Parking Total: 18.0

Features / Amenities

Laundry: Common Area, Laundry Room
Common Walls: 2+ Common Walls
Heating: Natural Gas

Property Features

Lot Size: 0.14 Acres / 5,883 Sq. Ft.
Lot Features: Irregular Lot, Street Level, Sloped Up
View: City Lights, Mountain(s), Ocean
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Road Frontage: Alley, City Street
Road Surface: Paved
Zoning:MNRM-D1

Tax and Financial Info

Current Financing: Conventional
Terms: Cash, CashtoNewLoan
Tenant Pays: Electricity
Total Actual Rent: $24,985
Land Lease: No

Listing Agent/Office

Listing agent / office David Salzman, Engel & Volkers La-South Bay.

Schools

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480 Rosecrans Ave Manhattan Beach, CA 90266
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480 Rosecrans Ave Manhattan Beach, CA 90266
 
ASAP
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27
Jan
Fri
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Jan
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Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of January 26, 2022. 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. IDX provided by Sierra Interactive.

Property Summary:

Home for sale at .

Description: The property at 480 Rosecrans Ave Manhattan Beach, CA 90266 in the subdivision with the MLS# SB21263452 is currently listed for $6,200,000 and has been on the market for 21 days.

GeoCoordinates:

33.901587
-118.414835

Listing Price: $6,200,000

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