Dmitry Litvishkov Call For Appointment to See This Home
Dmitry Litvishkov (310)-709-4920


121 Rosecrans Avenue , Manhattan Beach, CA - 90266 is For Sale

MLS# SB24058670
Details

: $3,450,000

: 121 Rosecrans Avenue

: Manhattan Beach

: CA

: 142 - Manhattan Bch Sand

: Residential Income

: 251 M2

: 4

: $3

: $104,439

: SB24058670

: 0.0621 ac


Property Description

Manhattan Beach Home For Sale. Located just 3 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.



Listed By

Strand Hill Properties



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