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Manhattan Beach, CA 90266 121 Rosecrans Avenue

$3,450,000

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Presented By: Shawn Dugan with Strand Hill Properties; 310-265-3428
  • MLS# SB24058635
  • 03/24/2024
  • Request Tour
  • Request Info
  • BedBeds • 7
  • BathBaths • 4
  • FootageSQFT • 2,496
  • GarageGarage • 4

Home Details

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.
Presented By: Shawn Dugan with Strand Hill Properties; 310-265-3428

Interior Features for 121 Rosecrans Avenue

Bedrooms

Main Level Bedrooms7
Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths4
Half Baths
Main Level Bathrooms4
Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Living Area UnitsSquareFeet
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 121 Rosecrans Avenue

Additional Parcels Y/NNo
Attached Garage Yes
Carport Y/NNo
CityManhattan Beach
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Days on Market46
DirectionsCross Streets: The Strand & Rosecrans Ave
Entry Location1
Garage Spaces4.0
Garage Y/NYes
HOA0.0
HOA / Comm AssnNo
High School DistrictManhattan Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional, Submit
Lot Size Square Feet2706.0
MLS Area142 - Manhattan Bch Sand
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Open Parking Spaces4.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameRosecrans
Structure TypeQuadruplex
Tax Lot23
Total Units4
ViewOcean, Water
View Y/NYes
Waterfront FeaturesBeachAccess, OceanAccess, OceanSideOfFreeway, OceanSideOfHighway
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor

Exterior for 121 Rosecrans Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.0621
Lot Size Area2706.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
Parking FeaturesGarageFacesFront, GarageFacesRear
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,450,000
MLS#SB24058635
List Date 03/24/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors