Homes For Sale In California

$3,450,000
2,706 Sqft Lot
Visits : 16 In 58 Days

121 Rosecrans Avenue, Manhattan Beach, California 90266

  • Residential Income Property Type
  • 46 Days Time On Market
  • 8 Cars Garage
  • 1954 Year 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.

Basic Details
Residential Income
For Sale
SB24058670
$3,450,000
1954
2,706 Sqft
Active
Quadruplex
Features
: Ocean, Water
: 8
: Sidewalks
: Garage Faces Front, Garage Faces Rear
$0
: Public Sewer
Address Map
California
Los Angeles
Manhattan Beach
90266
121 Rosecrans Avenue
0
W119° 34' 51.3''
N33° 54' 2.9''
Additional Info
$0
2,496 Sqft
$0
2.75
46
46
$0
4
: Streetlevel
$1,573
4137012055
: Standard
2
$0
: Ocean Access, Beach Access, Oceansideoffreeway, Oceansideofhighway
$0
No
No
No
No
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