Multifamily Building with Ocean
For Sale
$3,850,000
Pending
472 Rosecrans Avenue, Manhattan Beach, CA 90266
Renovated apartments feature private laundry, dedicated garages, and EV charging.
Property Size2,663 SF
Days on Market14
Property Features for 472 Rosecrans Avenue
General Information
Standard status
Pending
Size
2,663 SF
Property subtype
Residential Income
Zoning
MNRH
Amenities
Wood
true
6
3
In Garage,Laundry Room
Ceiling Fan(s)
false
2882
12
0.0662
Carport,Door-Single,Driveway,Garage
2663
1
Building Details
Building Size
2,663 SF
Year Built
1966
Stories
3
Listing Agency:
Vista Sotheby's International Realty
(310) 963-4358
Listed By:
Mitch Hagerman · License #01897438
(310) 546-7611
Source:
Bausley-realty
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 30 at 4:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vista Sotheby's International Realty
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Investment Insights
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This 2,663-SF multifamily property was rebuilt from the studs and redesigned by Michael Lee Architects. The apartments have modern open kitchens with islands, custom closets, hardwood floors, recessed LED lighting, flat-screen TVs, and Sonos systems. Each unit includes private laundry, and the owners’ penthouse has ocean views. The property was built in 1966 and has an owned solar system.
Four private garages include storage and EV charging stations, with eight additional parking spaces. The building is fully occupied and sits within the Manhattan Beach Coastal Zone, where short-term rentals are legal. The beach, restaurants, cafes, yoga studios, and boutiques are within walking distance. The stated cap rate is 4.57%.
Four private garages include storage and EV charging stations, with eight additional parking spaces. The building is fully occupied and sits within the Manhattan Beach Coastal Zone, where short-term rentals are legal. The beach, restaurants, cafes, yoga studios, and boutiques are within walking distance. The stated cap rate is 4.57%.
Key Highlights
- 2,663‑SF multifamily property built in 1966
- Redesigned by Michael Lee Architects after a studs‑out renovation
- Ocean views from the owners’ penthouse
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
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Business Placement
Demographics for 90266, CA
35,506
Population
14,945
Households
2.4
Avg Household Size
43
Median Age
79%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
8,877
Density / Sq Mi
$193,904
Median Household Income
$114,154
Median Earnings
$3,492
Median Rent
$2,000,001
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Renovated apartments feature private laundry, dedicated garages, and EV charging.
Where is this multifamily property located?
The property is located at 472 Rosecrans Avenue Manhattan Beach, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 2,663‑SF multifamily property built in 1966; Redesigned by Michael Lee Architects after a studs‑out renovation; Ocean views from the owners’ penthouse
