Properties

472 ROSECRANS Avenue
Manhattan Beach, California CA 90266
$3,895,000 Price
Active Under Contract Status
2,663 SqFt
0.066 Acres
19496004 Listing ID
Turn Key Ocean View Modern Trophy Building in prime Sand Section of Manhattan Beach! Walking to beach, restaurants, cafes, yoga studios, trendy boutiques. Taken down to studs, re-imagined by renowned Michael Lee Architects, extensively renovated inside and out. Exquisite attention to detail, pride of ownership w/ no money spared procuring designer luxury modern fixtures and finishes throughout. "Owners Penthouse" has rented to professional athletes and noteworthy celebs. Live in owners unit, have other units pay your mortgage or rent them all and enjoy incredible cash flow! All luxury apartments appointed w/ brand new modern open kitchens w/ islands, custom closets, hardwood floors, recessed LED lighting, flat screen TVs and Sonos. Step into lucrative furnished rentals instantly with no rent control! Solar system owned. All units have private laundry. 4 modern private garages, 8 parking spots. Additional value add dev potential! Sold Fully Furnished!
Schedule Showing Virtual Tour
Status Active Under Contract
County Los Angeles
Year Built 1966
Price/SqFt $1,462.64
Property Type Residential Income
Residential Income

Primary Features

County: Los Angeles
MLS Area Major: 142 - Manhattan Bch Sand
Special Listing Conditions: Standard
Year Built: 1966
Zoning: MNRH

Additional

Land Lease: no
Lot Size Source: Assessor
Lot Size Units: Square Feet
Number Of Units Total: 4

Interior Features

Garage Spaces: 4
Stories Total: 3

Financial Details

Cap Rate: 4.66
Gross Multiplier: 15.83
Gross Operating Income: 238620
Improvements Amount: 414222
Land Value: 1449777
Net Operating Income: 181671
Total Expenses: 56949

External Features

Lot Size Area: 2888
Lot Size Square Feet: 2888
Number Of Buildings: 1
Parking Total: 4

Location Information

Zoning Info


Area Info


© 2019. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Listing courtesy of Mitch Hagerman from Coldwell Banker Residential Br . Last updated Monday, November 11th, 2019.
Based on information from CARETS as of Monday, November 11th, 2019 02:41:03 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.

Contact - Listing ID 19496004

Alison Clay-Duboff

1040 Manhattan Beach Blvd
Manhattan Beach, CA 90266
Phone: 310-200-3037
Fax: 310-265-6050

Data services provided by IDX Broker
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