121 Rosecrans Avenue
121 Rosecrans Avenue
$3,599,000
7
4
2,496
2,496
$1,442
Description
Located just 4 homes to "The Strand”… Prime Ocean View Income Opportunity on a Full 30’ x 90’ Lot. These four bright and spacious units rent easily due to the close proximity to the beach, the surf, and North End restaurants, retail and cafes. 3 units with 2 bedrooms and 1 bathroom each, plus a 4th unit with 1 bedroom and 1 bathroom. Each unit includes 1 garage space, 1 tandem driveway space (8 cars total), and separate electric and gas meters. The building currently generates $13,230/mo in combined...Located just 4 homes to "The Strand”… Prime Ocean View Income Opportunity on a Full 30’ x 90’ Lot. These four bright and spacious units rent easily due to the close proximity to the beach, the surf, and North End restaurants, retail and cafes. 3 units with 2 bedrooms and 1 bathroom each, plus a 4th unit with 1 bedroom and 1 bathroom. Each unit includes 1 garage space, 1 tandem driveway space (8 cars total), and separate electric and gas meters. The building currently generates $13,230/mo in combined income ($158,760 yearly), with big upside. Short term rental income could provide $31,576 monthly income ($378,918 yearly), yielding a 5.23% CAP rate. Inquire for comps & income schedule. Properties with this many units and such close proximity to the beach are rarely available at a price like this.
- Listed by Shawn Dugan • DRE #01749343 • Brokerage DRE #01968431 • Strand Hill Properties • 310-265-3428
Property Details for 121 Rosecrans Avenue
View
Ocean, Water, White Water
Parking Spaces Total8
Private PoolNo
Cooling TypeN/K
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2496
Location
LISTING UPDATED: 04/22/2024 01:28 AM
Property Details for 121 Rosecrans Avenue
Status | Active |
---|---|
MLS # | SB24058635 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential |
Year Built | 1954 |
County | Los Angeles County |
Location
Building Information for 121 Rosecrans Avenue
Building/Complex121 Rosecrans AveFloor-Stories2Residences-Pet Policy-Year Built1954Building Size-
Payment Calculator
$21,947 per month
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Property Information for 121 Rosecrans Avenue
Property History for 121 Rosecrans Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 121 Rosecrans Avenue
Taxable ValueLand$2,146,269Additions$82,715Total$2,228,984
Tax Record2023$27,673 ($2,306 / month)
Home Facts
Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtLot Size2,700 SqFtStyleQuadraplexYear Built1954ZoningMNRHCountyLOS ANGELESAPN4137-012-055
Schools near 121 Rosecrans Avenue
This home is within Manhattan Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Grand View Elementary School PublicK to 5 | ||
Manhattan Beach Middle School Public6 to 8 | ||
Mira Costa High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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