480 Rosecrans Ave , Manhattan Beach, CA 90266
$5,200,000
Est. Payment: $26,165.58/mo
15 Bed
15 Bath
7347 Sqft
Status: pending | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

480 Rosecrans Ave offers a rare opportunity to acquire a 7-unit multifamily asset in the highly sought-after Sand Section of Manhattan Beach featuring a strong 5.05% current CAP rate in one of Southern California’s most supply-constrained coastal rental markets The property features a townhome-style configuration with a highly attractive unit mix of (2) 3-bed/3-bath, (4) 2-bed/2-bath, and (1) 1-bed/1-bath units. Six of the units include private outdoor balconies, enhancing livability and supporting strong tenant demand in this beach-oriented submarket. Since April 2024, ownership has completed approximately $200,000 in capital improvements, including full plumbing and electrical renovations in Units 1, 2, and 7, new heating systems in Units 1, 2, and 4, and a new AC and heating unit in Unit 7. Additional infrastructure upgrades include a 400 AMP electrical service with underground connection, new subpanels in multiple units and the laundry room, and an upgraded main plumbing line connected to the city, providing long-term operational stability and reducing near-term capital expenditure risk. Exterior improvements include new patios for Units 1, 2, and 3, further enhancing tenant appeal. In addition, the property features a new 356 square foot storage room that is ready for subdivision into five rentable storage units, offering potential for additional ancillary income. Complemented by on-site laundry facilities and carport parking for each unit, the property delivers strong in-place cash flow with a 5.05% current CAP rate, while benefiting from exceptional long-term appreciation fundamentals driven by Manhattan Beach’s demographics, limited multifamily supply, and coastal location. 480 Rosecrans Ave represents a compelling opportunity for investors seeking a stabilized, well-improved coastal asset with durable income and meaningful upside in one of Los Angeles’ premier beach communities.

Highlights

Listed by Brett Lyon , 310-706-4066 and Woody Stahl , 310-425-9838 Lyon Stahl Investment Real Estate, Inc. , 310-425-9838. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1974

County

Los Angeles

Area

142 - Manhattan Bch Sand

Listing ID

SB26071305

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:15
  • Bathrooms:15
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:8
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Carport
Principal Interest
$26,166
Taxes
$3,315

Home Price

$5,200,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$1,040,000
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:
$26,165.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,165.58 $3,315.00 $0.00 $29,480.58
Yearly $313,986.94 $39,780.00 $0.00 $353,766.94
Total $9,419,608.05 $1,193,400.00 $0.00 $10,613,008.05

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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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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