$3,850,000

472 Rosecrans Ave Manhattan Beach, CA 90266

Estimated payment $24,464/month

Total Views 3,504
6 Beds
6 Baths
2,663 Sq Ft
$1,446 Price per Sq Ft

Highlights

  • Ocean View
  • Solar Power System
  • Modern Architecture
  • Grand View Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

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.

Listing Agent

Mitch Hagerman

Vista Sotheby's International Realty License #01897438 Listed on: 05/13/2026

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 2,882 Sq Ft Lot
  • North Facing Home

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage
  • Carport
  • Electric Vehicle Home Charger
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Modern Architecture

Interior Spaces

  • 2,663 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • Outdoor Grill
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4175-006-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

2,882 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2663
  • Lot Acreage: 0.0662
  • Probate: No
  • Stories: 3
  • Year Built: 1966
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Laundry: In Unit, Garage, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Garbage Disposal, Freezer, Dryer, Dishwasher, Ceiling Fan, Microwave, Water Line to Refrigerator, Washer, Solar Panels, Refrigerator, Range/Oven
  • Price Per S Q F T: 1445.74

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: Peek-A-Boo, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 3
  • Covered Parking: 5
  • Parking Garage: Carport, Driveway, Garage - 1 Car, Electric Vehicle Charging Station(s)
  • Total Parking: 10

Utilities

  • Heating: Fireplace, Wall Electric

Lot Info

  • Assessed Improvement Percent: 17.14
  • Assessed Improvement Value: 656186
  • Assessed Land Percent: 82.86
  • Assessed Land Value: 3171571
  • Total Assessed Value: 3827757
  • Assessor Parcel Number: 4175-006-020
  • Lot Size Area: 2882

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.13
  • Number Of Units: 4
  • Type Of Units: Apartments

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,293 $3,827,757 $3,171,571 $656,186
2024 $42,765 $3,752,704 $3,109,384 $643,320
2023 $41,660 $3,679,122 $3,048,416 $630,706
2022 $40,938 $3,606,984 $2,988,644 $618,340
2021 $40,242 $3,536,260 $2,930,044 $606,216
2020 $39,871 $3,500,000 $2,900,000 $600,000
2019 $32,902 $2,871,504 $2,819,484 $52,020
2018 $32,257 $2,815,200 $2,764,200 $51,000
2016 $20,490 $1,827,450 $1,421,350 $406,100
2015 $17,155 $1,532,262 $1,257,666 $274,596
2014 $16,928 $1,502,249 $1,233,031 $269,218
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2026 05/13/26 For Sale $3,850,000 0.0% $1,446 / Sq Ft
10/13/2020 10/13/20 Rented $5,000 0.0% --
07/28/2020 07/28/20 For Rent $5,000 0.0% --
11/27/2019 11/27/19 Sold $3,500,000 -10.1% $1,314 / Sq Ft View Prior Sale
10/09/2019 10/09/19 Price Changed $3,895,000 0.0% $1,463 / Sq Ft
09/26/2019 09/26/19 Rented $5,500 0.0% --
09/25/2019 09/25/19 Price Changed $3,995,000 0.0% $1,500 / Sq Ft
08/10/2019 08/10/19 For Rent $5,500 0.0% --
08/02/2019 08/02/19 For Sale $4,400,000 0.0% $1,652 / Sq Ft
07/31/2019 07/31/19 Rented $7,000 +27.3% --
07/15/2019 07/15/19 For Rent $5,500 -15.4% --
09/27/2018 09/27/18 Rented $6,500 0.0% --
09/27/2018 09/27/18 Price Changed $6,500 +30.0% $6 / Sq Ft
09/26/2018 09/26/18 Under Contract -- -- --
09/06/2018 09/06/18 Price Changed $5,000 -9.1% $5 / Sq Ft
09/04/2018 09/04/18 For Rent $5,500 +10.0% --
12/13/2017 12/13/17 Rented $5,000 0.0% --
12/13/2017 12/13/17 Under Contract -- -- --
12/13/2017 12/13/17 For Rent $5,000 0.0% --
05/06/2015 05/06/15 Sold $1,800,000 -10.0% $676 / Sq Ft View Prior Sale
02/06/2015 02/06/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $2,000,000 -- $751 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $3,500,000 First American Title Company
Quit Claim Deed -- None Available
Grant Deed $1,800,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed -- Lawyers Title Ins
Grant Deed -- Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $967,000 New Conventional
Previous Owner $958,750 New Conventional
Previous Owner $1,140,000 Seller Take Back
Source: Public Records

Source: The MLS

MLS Number: 26830069

The MLS

APN: 4175-006-020

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