Properties

Manhattan Beach, CA 90266 480 Rosecrans Avenue

480 Rosecrans Avenue Manhattan Beach, CA - Image 1480 Rosecrans Avenue Manhattan Beach, CA - Image 2480 Rosecrans Avenue Manhattan Beach, CA - Image 3
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480 Rosecrans Avenue Manhattan Beach, CA - Image 4480 Rosecrans Avenue Manhattan Beach, CA - Image 5480 Rosecrans Avenue Manhattan Beach, CA - Image 6480 Rosecrans Avenue Manhattan Beach, CA - Image 7480 Rosecrans Avenue Manhattan Beach, CA - Image 8480 Rosecrans Avenue Manhattan Beach, CA - Image 9480 Rosecrans Avenue Manhattan Beach, CA - Image 10480 Rosecrans Avenue Manhattan Beach, CA - Image 11
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
  • MLS# SB26071305
  • 04/06/2026
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  • Baths • 1
  • SQFT • 7,347

Home Details

480 Rosecrans Ave offers a rare opportunity to acquire a well-capitalized 7-unit multifamily asset in the highly sought-after Sand Section of Manhattan Beach, one of Southern Californiaโ€™s most supply-constrained and desirable 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 Unit 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 4.85% current CAP rate, while benefiting from exceptional long-term appreciation fundamentals driven by Manhattan Beachโ€™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 Angelesโ€™ premier beach communities
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899

Interior Features for 480 Rosecrans Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories4

Other Rooms

Entry Level1

General for 480 Rosecrans Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.85
Carport Spaces8
Carport Y/NYes
CityManhattan Beach
Community FeaturesBiking
ContingencySHowing Subject to Offer and Proof Of Funds
CountyLos Angeles
DirectionsBetween Visa Dr and Bell Ave on Rosecrans Ave
Electric Expense
Entry Locationfront
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense9184
Land Lease Y/NNo
LevelsThree Or More
Listing TermsConventional
Lot Size Square Feet5888
Lot Size UnitsSquare Feet
MLS Area142 - Manhattan Bch Sand
MaintenanceExpense15456
Net Operating Income261844
New ConstructionNo
Number Of Units Total7
Operating Expense112964
Pool FeaturesNone
PostalCityMANHATTAN BEACH
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot10
Taxes$61,854
Trash Expense0
Water Sewer Expense0
Year Built1974
Year Built SourcePublic Records

Exterior for 480 Rosecrans Avenue

Building Area Total7347
Lot Features6-10 Units/Acre
Lot Size Acres0.1352
Lot Size Area5888
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Parking FeaturesCarport
Private PoolNo
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $5,400,000
MLS#SB26071305
List Date 04/06/2026
Property Type Multi-Family
Phone 888.795.6274
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