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Real Estate/CA/Manhattan Beach/472 Rosecrans Avenue
play_circleVideo Tour
Main
Interior 1
Interior 2
Interior 3
Interior 4
imagesmode View 20 photos
For Sale
$3,850,000
Est. $21,560/mo

472 Rosecrans Avenue, Manhattan Beach, CA 90266

bed
6
Bedrooms
bathtub
6
Bathrooms
square_foot
2,663
Square Feet

About this home

MB Modern Renovated Luxury Triplex w/ Incredible Owners Unit! Live in a stunning ocean view penthouse rivaling the finest Sand Section townhomes and let the units below pay your mortgage. This is the rare opportunity to own an architecturally reimagined, turn-key boutique building in prime North Manhattan Beach, with the lifestyle of a luxury home and the financial upside of income property. The owners penthouse spans three levels and exudes warm, organic-modern luxury: soaring ceilings, skylights, hardwood floors, and a brand-new open gourmet kitchen with island. Two spacious en-suite bedrooms, an office loft, three fireplaces, and three smart TVs with Sonos. Two private outdoor spaces including a rooftop ocean view deck with outdoor kitchen deliver seamless indoor-outdoor living at its best. Previously home to professional athletes and notable celebrities. The three additional fully renovated luxury units are equally appointed with designer kitchens, custom closets, hardwood floors, Sonos, and private laundry fully occupied and cash-flowing today. Rent them all short or long term to offset your ownership costs, or retain one or more as private attached guest home(s) for family and friends. The flexibility is unmatched. Building currently generating $19,663 monthly on long term rents, generates $158,568 net operating income offering a new investor a 4.12% cap rate. This property is in MB Coastal Zone where lucrative short term rentals allowed. 4 private modern garages w/ epoxy floors, additional storage, EV charging + 8 additional coveted parking spaces unheard of this close to the beach. Owned solar system. Gated entry. Taken to studs and reimagined by renowned Michael Lee Architects with no expense spared. Walk to the beach, trendy restaurants, cafes, yoga studios, and the boutiques that define the Manhattan Beach lifestyle. This is not a compromise to a traditional one unit SFR or townhome purchase, it's the upgrade to financial freedom! RETIRE EARLY! Modern design, incredible parking, ocean views, in coastal zone where you can pursue short term rentals. Truly rare! Hurry to realize this opportunity! Your future self will thank you!

Property Facts

bed

Bedrooms

6

bathtub

Bathrooms

6

square_foot

Square Feet

2,663

landscape

Lot Size

2,882 sqft

calendar_month

Year Built

1966

home_work

Property Type

Single Family Residence

timer

Days on Market

73

payments

HOA Fee

N/A

garage

Garage Total

4

fingerprint

MLS #

26835949

Interior Details

General Interior

Flooring

Wood

Fireplace

Electric, Living Room

Kitchen & Appliances

Appliances

Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Climate Control

Heating

Electric, Fireplaces

Parking

Total Parking Spaces

9

Garage Spaces

4

Parking Features

Concrete

Exterior & Lot

Mortgage Calculator

Total Monthly

$0

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
HOA Fees:
$0
$
$
%

Nearby Schools

RatingSchool NameGradesDistance
10
Grand View Elementary
Elementary School
K-50.5 mi
N/A
AMERICAN MARTYRS SCHOOL
Private School
K-121.0 mi
10
Pacific Elementary
Elementary School
K-51.1 mi
10
El Segundo Middle
Middle School
6-81.4 mi
10
Richmond Street Elementary
Elementary School
K-51.6 mi

Convenience Score

Market Insights

90266|Manhattan Beach
analytics

Estimated Value

Calculating...
trending_up0%vs. last year
202120222023202420252026

Market Temperature

Seller'sBalancedBuyer's
0d30d60d180d
Balanced

Balanced market

30 Days

Avg. time on market

This is a Balanced Market. Homes are selling at a moderate pace.

flood

Flood & Climate Risk

Flood Risk

Minimal — not in a FEMA flood zone

Low

Wildfire Risk

Moderate — near wildland-urban interface

Moderate

Heat Risk

Low — moderate summer temperatures

Low

Earthquake Risk

Southern California seismic zone

Moderate
volume_up

Noise Levels

TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
location_on

Location

472 Rosecrans Avenue

Manhattan Beach, CA 90266

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