320 Rosecrans Ave, Manhattan Beach, CA 90266

320 Rosecrans Ave, Manhattan Beach, CA 90266

Manhattan Beach, CA

Property Description

Lyon Stahl is pleased to present 320 Rosecrans Ave in Manhattan Beach. This ocean view property, located in the heart of North Manhattan Beach, features a front 3-bed/2.5- bath house and a 2-bed/1-bath back unit. The 2,000 SF building sits on a full-sized sand- section lot with back alley access to the two- car garage. The front house was remodeled several years ago and features two private patios and a spacious rear yard. The rear 2- bed/1-bath unit boasts a private patio as well with beautiful ocean views. Given the great sand-section Manhattan Beach location and upside in market rent potential (40% increase in GSI), this property is an amazing investment opportunity!


• North Manhattan Beach Sand-Section Duplex on a Full-Sized Lot
• Front House – 3-Bed/2.5-Bath & Back Unit – 2-Bed/1-Bath
• Alley Access to the 2-Car Garage in Rear
• Separately Metered Gas & Electric
• Potential Multifamily/SFR Development Opportunity (Buyer to Verify)
• Incredible Ocean Views | Only a Short Walk to the Beach, Restaurants & Shops

Property Features

  • Sale Price: $1,850,000
  • Area Size: 2000 SF
  • Land Area: 2705 SF
  • Year Built: 1962
  • Listing Date: 4/22/2020
  • Closing Date: 10/02/2020
  • Units: 2
  • Current GRM: 22.18
  • Price Per Unit: $925,000
  • Market GRM: 15.73
  • Market Cap Rate: 4.46%

Lyon Stahl Investment Real Estate

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