121 Rosecrans Avenue

Manhattan Beach, CA 90266

$3,450,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $1,382 / sqft

1954

calendar_month Built

Property Description

Located just 3 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). 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Fireplace Information
Features None
Interior Information
Cooling Type None

Listing Information

Address 121 Rosecrans Avenue
City Manhattan Beach
State CA
Zip 90266
County Los Angeles
Listing Agent Shawn Dugan DRE#01749343
Courtesy Of Strand Hill Properties
MLS SB24058670
List Price $3,450,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 2,706
Year Built 1954
DOM 47

Exterior Information

Maps

Listing information courtesy of: Shawn Dugan, Strand Hill Properties . *Based on information from the Association of REALTORS/Multiple Listing as of May 9th, 2024 at 11:51 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.