480 ROSECRANS AVENUE, MANHATTAN BEACH CA 90266

  • 7,347 sq.ft.
  • 5,886 sq.ft. lot
offered at $5,850,000
MLS#:SB22233106
Status: Active // Property Type:
County: Los Angeles // Year Built: 1974

Property Description

480 Rosecrans Ave is a rare 8-unit building in the sand section of Manhattan Beach. The 8,486 SF building features (1) 4-Bed/4-Bath, (5) 2-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio Units. The 1-Bed/1-Bath unit is non-conforming permit pending and the studio unit is non conforming. The building sits on a 5,886 SF lot and includes an on-site laundry space and carport spaces for each unit. The building boasts a 3.56% Cap with a 4.58% market cap and generates over $26K per month. Located less than a half mile from the beach, 480 Rosecrans Ave is a trophy asset and rare opportunity to own commercial real estate in the coveted Beach Cities submarket.

Listing Courtesy of Brett Lyon, Lyon Stahl Investment Real Estate, Inc.

Exterior Features

Exterior Features: Biking
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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