121 Rosecrans Avenue
Manhattan Beach, CA 90266
- 7 beds
- 4 baths
- 2,496 sqft
- 2,706 sqft lot
- $1,441 per sqft
- 1954 build
- – on site
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.
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Last updated Apr 22, 2024
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MLS# SB24058635 —
This property is listed in more than one place. See it here, and here, and here.
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/22/24
Apr 22, 2024
|
Price Changed | CRMLS_CA | $3,599,000 | -5.3% |
|
3/24/24
Mar 24, 2024
|
Listed / Active | CRMLS_CA | $3,800,000 | |
|
8/17/17
Aug 17, 2017
|
Price Changed | CRMLS_CA |