Listed By Strand Hill Properties, Shawn Dugan
310-265-3428
121 ROSECRANS AVE Manhattan Beach, CA 90266
$3,599,000
—
Bedrooms
—
Total Baths
—
Full Baths
2,496
Square Feet
0.06
Acres
1954
Year Built
Active
Status
MLS#
SB24058670
Located just 4 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), yielding a 5.23% CAP rate. 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.
Details for 121 ROSECRANS AVE
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Strand Hill Properties, 310-545-0707
MLS# SB24058670
Updated 7:59PM - 4/28/2024
Listing Agent Shawn Dugan
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2024 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved.
Area Information for 121 ROSECRANS AVE
- Map
- Street View
My Commute for 121 ROSECRANS AVE
Find commute times from this listing to your favorite locations.
Data Provided by Google Maps
