480 Rosecrans Av,
Manhattan Beach, CA 90266
在售房 $5,300,000 ($530萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

5888 平方英呎
(547平方米)

1974 年

4

8 停車位

2026年04月06日
已上市 67 天

地產編號: SB26071305
所處郡縣: LA
面積單價:$721.38/sq.ft ($7,765 / 平方米)
車位類型:CP
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房屋簡介

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 5.03% 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 5.03% 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.

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