Located just 3 homes to *The Strand*... Prime Ocean View Income

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Townhome/Townhouse For Sale

121 Rosecrans Avenue

Manhattan Beach, California 90266

Los Angeles County Ocean View: Yes

Community: 

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$3,450,000 7 br, 4.0 bath 2496 sq. ft. 0.062 acres

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.

Interior:
  • Bedrooms: 7
  • Baths: 4.0
  • Sq Ft: 2496
  • Year Built: 1954
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.062 acre
  • Lot Dimensions: 
  • View Types: Ocean, Water
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • MLS #: SB24058670
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Beach Townhome/Townhouse For Sale in Manhattan Beach, California
Ad Number: 4748010
Viewed 24 times.
Updated: May 09, 2024

This property is a Townhome/Townhouse located at 121 Rosecrans Avenue, Manhattan Beach, California 90266, and is currently For Sale at $3,450,000. This Townhome/Townhouse has 7 bedrooms, 4.0 baths, 2496 sq ft.

Listing Agent: Shawn Dugan, Strand Hill Properties, 310-265-3428, 310-545-0707 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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