480 Rosecrans Avenue, Manhattan Beach, CA 90266

$5,600,000
6,738
SqFt
List Price
$5,600,000
Price Change
▼ $350,000 1552438796
Status
ACTIVE
MLS#
SB19032024
Year Built
1974
Living Sq. Ft
6,738
Lot Size
5,883
Acres
0.1351
Lot Location
Level with Street
Days on Market
74
Property Type
Multifamily
Property Sub Type
Commercial/Residential
Days on Market
30

Property Description

A rare opportunity for this beautiful remodeled 8-unit (2 non-conforming) ocean view apartment building in the Sand Section of Manhattan Beach! Over $200K in improvements! Most units have been completely redone with hardwood flooring, new kitchen and bathroom cabinetry, new appliances, new plumbing, new paint plus much more. These units sparkle!! Unit make up is 5 2 bedrooms/2 Bathroom units, one 4bed/4ba unit, one 1bed/1ba and one single with full kitchen and bath. The property is situated on an over-sized street to alley double lot with 10 covered parking spaces and additional tandem parking for a total of 18 parking spaces!! Truly an extraordinary opportunity with tons of potential in income as well as future building opportunities!

Additional Information

Tract Number
3843
Land Lease
Yes
Lot Description
Sidewalks
Pool Description
None
View
Ocean, Peek-A-Boo
Roof
Flat
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Carole Hansen from Engel & Volkers LA-South Bay

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.