472 Rosecrans Ave , Manhattan Beach, CA 90266
$3,850,000
Est. Payment: $19,372.59/mo
5 Bed
6 Bath
2663 Sqft
Status: active | Days on site: 84
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House Description

Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $19,663 monthly, NOI of $158,6568, Cap Rate of 4.12%. Some upside in long term rents possible and this building lies within the MB Coastal Zone where lucrative short term rentals are legal. Walking to the beach, and the best restaurants, cafes, yoga studios, and trendy boutiques North MB has to offer. 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 the 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 fully occupied rentals cash flowing immediately! Solar system owned. All units have private laundry. 4 modern private garages with storage and EV charging stations. 8 additional coveted parking spaces! MB income properties this turn key with modern designer finishes, incredible parking, and an ocean view owners penthouse unit rivaling most Sand Section townhomes are a truly rare find! Possible value add addition. Inquire for current rent roll and building financials.

Highlights

Listed by Mitch Hagerman , 310-963-4358 Vista Sotheby's International Realty , 310-546-7611. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1966

County

Los Angeles

Area

142 - Manhattan Bch Sand

Listing ID

26830069

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:0
Appliances:Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Floor:Wood
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:MNRH
Others:2+ Total Units
Parking Features:Carport,Door-Single,Driveway,Garage

Open House

Upcoming Open Houses
Sunday 1:00 pm - 4:00 pm Aug 9
Principal Interest
$19,373
Taxes
$2,454

Home Price

$3,850,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$770,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,372.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,372.59 $2,454.38 $0.00 $21,826.97
Yearly $232,471.10 $29,452.50 $0.00 $261,923.60
Total $6,974,132.88 $883,575.00 $0.00 $7,857,707.88

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Manhattan Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T02:36:50.000Z

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