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$3,850,000
6 Beds ⋅ 6 Baths ⋅ ACTIVE Status
Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $19,663 monthly, NOI of $158,6568, Cap Rate of 4.12%. Some upside in long term rents possible and this building lies within the MB Coastal Zone where lucrative short term rentals are legal. Walking to the beach, and the best restaurants, cafes, yoga studios, and trendy boutiques North MB has to offer. Taken down to studs, re-imagined by renowned Michael Lee Architects, extensively renovated inside and out. Exquisite attention to detail, pride of ownership w/ no money spared procuring designer luxury modern fixtures and finishes throughout. "Owners Penthouse" has rented to professional athletes and noteworthy celebs. Live in the owners unit, have other units pay your mortgage or rent them all and enjoy incredible cash flow! All luxury apartments appointed w/ brand new modern open kitchens w/ islands, custom closets, hardwood floors, recessed LED lighting, flat screen TVs and Sonos. Step into lucrative fully occupied rentals cash flowing immediately! Solar system owned. All units have private laundry. 4 modern private garages with storage and EV charging stations. 8 additional coveted parking spaces! MB income properties this turn key with modern designer finishes, incredible parking, and an ocean view owners penthouse unit rivaling most Sand Section townhomes are a truly rare find! Possible value add addition. Inquire for current rent roll and building financials.

472 Rosecrans Ave, Manhattan Beach

Courtesy of Vista Sotheby's International Realty, Mitch Hagerman - CA DRE#01897438

$1,799,000
2 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Rosecrans HOA BLDG.
Stunning Architectural Townhouse with Ocean Views! Welcome to your dream home in the prime location of Manhattan Beach! This beautiful architectural townhouse boasts soaring high ceilings and an abundance of natural light throughout the upstairs living space. Hardwood floors give the home warmth. The large living room has sliders that open out onto your private balcony where you can take in breathtaking ocean views, ideal for morning coffee or evening sunsets. The open kitchen and dining room layout creates an inviting space for entertaining, with sleek finishes and ample storage. Featuring two spacious en suite bedrooms, each designed for comfort and privacy, this residence is perfect for modern living. Enjoy the convenience of direct access to your private, two-car, side-by-side garage. This townhouse is not just a home; it's a lifestyle. Don't miss your chance to experience coastal living at its finest!

502 Rosecrans Ave Unit B, Manhattan Beach

Courtesy of Pardee Properties, Kerry Ann Sullivan - CA DRE#01927932

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