121 Rosecrans Avenue, Manhattan Beach (90266)
$3,599,000
0 
0
2,496
PROPERTY DETAILS
| Address: |
view address Manhattan Beach, CA 90266 Map Location |
Features: | Garage, Multi-level |
|---|---|---|---|
| Square Feet: | 2,496 sq.ft. | Lot Size: | 0.06 acres |
| Year Built: | 1954 | Property Type: | Quadruplex |
| County: | Los Angeles | List Date: | 2024-03-24 |
| Listing Number: | SB24058670 | Listed By: | Strand Hill Properties |
| Listing Office: | 310-265-3428 | Days on market: | 34 |
PROPERTY DESCRIPTION
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.
Contact Buyer Agent
Exterior
| Garage Size: | 4.00 | Parking Spaces: | 8.00 |
Property and Lot Details
| Has View: | Yes | Level Lot: | Yes |
| Lot Acres: | 0.06 | Lot Has Beach Access: | Yes |
| Lot Has Ocean Access: | Yes | Lot Has Ocean View: | Yes |
| Lot Number: | 23.00 | Lot Sqft: | 2,706.00 |
| Public Sewer: | Yes | Public Water: | Yes |
| Transaction Type: | Sale | Year Built: | 1954 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
Loading Data...
|
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
Loading Data...
|
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
PHOTO GALLERY
