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480 Rosecrans Ave
Manhattan Beach, CA 90266
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 7,347 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | C | Parking Ratio | 1.36/1,000 SF |
| Zoning | MNRM-D1 - Residential Medium Density | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,347 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | MNRM-D1 - Residential Medium Density |
ABOUT 480 ROSECRANS AVE , MANHATTAN BEACH, CA 90266
A rare opportunity for this beautiful remodeled 8-unit (2 non-conforming) ocean view apartment building in the Sand Section of Manhattan Beach! Over $200K in improvements! Most units have been completely redone with hardwood flooring, new kitchen and bathroom cabinetry, new appliances, new plumbing, new paint plus much more. These units sparkle!! Unit make up is 5- 2 bedrooms/2 Bathroom units, one 4 bed/4ba unit, one 1 bed/1ba and one single with full kitchen and bath. The property is situated on an over-sized street to alley double lot with 10 covered parking spaces and additional tandem parking for a total of 18 parking spaces!! Truly an extraordinary opportunity with tons of potential in income as well as future building opportunities!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 1 | $4,748 | - |
| 2+2 | 5 | $3,200 | - |
| 1+1 | 1 | $1,950 | - |
| Studios | 1 | $1,863 | - |
PROPERTY TAXES
| Parcel Number | 4175-006-032 | Improvements Assessment | $867,000 |
| Land Assessment | $4,080,000 | Total Assessment | $4,947,000 |
PROPERTY TAXES
