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Active Under Contract
- Listed price
- $3,850,000
- Listed May 13, 2026 · $1,446/sq ft
- Last sold price
- No recorded sale
6 beds|6 ba|2,663 sqft|2,882 sqft lot|1966 Built|129 days listed
472 Rosecrans Ave, Manhattan Beach, CA 90266
Property Description
Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $20,733 monthly, NOI of $175,772, Cap Rate of 4.57%. 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 HagermanDRE #01897438mitch.hagerman@vistasir.com, Listing office: Vista Sotheby's International Realty
MLS data updated 10/16/2026, 10:28:51 PM PT
Source: CRMLSMLS #: 26830069
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Price & property history
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Latest asking price$3,850,000
May 13, 2026
Available records12026
From MLS recordsActual listing and closing events
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This home · nearest recorded event
$3,850,000Original asking price · May 13, 2026ZIP 90266 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsMay 13, 2026 – May 13, 2026
ZIP 90266 · same property typeThis MLS property type has no exact comparison group.
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