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480 Rosecrans Avenue

Manhattan Beach, CA 90266
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Bed 0

Bed

Bath 0

Bath

SqFt7,347

Sqft

SqFt5,888

Sqft(Lot)

480 Rosecrans Ave offers a rare opportunity to acquire a 7-unit multifamily asset in the highly sought-after Sand Section of Manhattan Beach featuring a strong 5.03% current CAP rate in one of Southern California’s most supply-constrained coastal rental markets The property features a townhome-style configuration with a highly attractive unit mix of (2) 3-bed/3-bath, (4) 2-bed/2-bath, and (1) 1-bed/1-bath units. Six of the units include private outdoor balconies, enhancing livability and supporting strong tenant demand in this beach-oriented submarket. Since April 2024, ownership has completed approximately $200,000 in capital improvements, including full plumbing and electrical renovations in Units 1, 2, and 7, new heating systems in Units 1, 2, and 4, and a new AC and heating unit in U nit 7. Additional infrastructure upgrades include a 400 AMP electrical service with underground connection, new subpanels in multiple units and the laundry room, and an upgraded main plumbing line connected to the city, providing long-term operational stability and reducing near-term capital expenditure risk. Exterior improvements include new patios for Units 1, 2, and 3, further enhancing tenant appeal. In addition, the property features a new 356 square foot storage room that is ready for subdivision into five rentable storage units, offering potential for additional ancillary income. Complemented by on-site laundry facilities and carport parking for each unit, the property delivers strong in-place cash flow with a 5.03% current CAP rate, while benefiting from exceptional long-term appreciation fundamentals driven by Manhattan Beach’s demographics, limited multifamily supply, and coastal location. 480 Rosecrans Ave represents a compelling opportunity for investors seeking a stabilized, well-improved coastal asset with durable income and meaningful upside in one of Los Angeles’ premier beach communities.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,300,000

AD Id : 76808318

MLS Id : SB26071305

Lot Size : 5,888 Sqft

Living Area Size : 7,347

Year Built : 1974

County : Los Angeles

  • Map Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1974 Building Area Total: 7,347
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1352
  • Lot Size Source: Assessor Lot Size Square Feet: 5888

  • Listing Price Information

    Original List Price: 5,300,000 Listing Contract Date: 2026-04-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4175006032

  • Garage and Parking

    Garage Description: Carport

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 142 - Manhattan Bch Sand Directions: Between Visa Dr and Bell Ave on Rosecrans Ave Source Property Type: Residential Income Area: 142 - Manhattan Bch Sand Property SubType: Apartment
  • Building and Construction

    Property Age: 52 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: front Property Attached: Yes Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2004 Faymont, Manhattan Beach, CA, 90266 $2,550,000 3 2 1,505 1,505 SqFt
1709 23rd Street, Manhattan Beach, CA, 90266 $4,399,000 4 2 2,842 2,842 SqFt
1852 6th, Manhattan Beach, CA, 90266 $4,300,000 5 3 3,876 3,876 SqFt
1823 8th Street, Manhattan Beach, CA, 90266 $5,999,000 6 6 5,038 5,038 SqFt
1806 6th Street, Manhattan Beach, CA, 90266 $6,249,000 6 6 5,000 5,000 SqFt
1625 18th Street, Manhattan Beach, CA, 90266 $4,990,000 4 5 3,632 3,632 SqFt
207 S Aviation Boulevard, Manhattan Beach, CA, 90266 $1,449,000 2 1 906 906 SqFt
217 S Aviation, Manhattan Beach, CA, 90266 $1,595,000 2 1 1,035 1,035 SqFt
1756 Voorhees, Manhattan Beach, CA, 90266 $4,250,000 4 3 3,033 3,033 SqFt
1756 Ruhland Avenue, Manhattan Beach, CA, 90266 $4,400,000 5 4 4,584 4,584 SqFt

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ByOwner last updated this listing 06/10/2026 @ 18:37

MLS: SB26071305 LISTED BY: Brett Lyon, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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