480 Rosecrans Avenue, Manhattan Beach, CA 90266

Manhattan Beach
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
480 Rosecrans Avenue,Manhattan Beach, CA 90266
$5,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26071305
Source:CRMLS

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Price summary

  • Price:$5,000,000

About this home

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 5.05% 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...

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Home facts

  • Year built:1974
  • Listing ID #:SB26071305
  • Added:140 day(s) ago
  • Updated:August 25, 2026 at 04:32 AM

Structure and exterior

  • Year built:1974

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,000,000

Parking

  • Total parking spaces:8
  • Parking description:8 Carport Space(s), Carport
  • Carport spaces:8
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