$3,450,000

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121 Rosecrans Avenue Manhattan Beach, CA, United States 90266

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.

Amenities

  • Property Type: Multi Family
  • Home size: 2,496 ft2 / 231.88 m2
  • MLS: SB24058670
  • Web ID: R2CXNV
  • Status: Active

Area Detailed Information

Property brokered by

Strand Hill Properties

(310) 545-0707

Presented by Shawn Dugan

  • (310) 545-0707
  • (310) 545-0707 (Office Phone)

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