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320 Rosecrans Ave, Manhattan Beach, CA 90266

320 Rosecrans Ave, Manhattan Beach, CA 90266
$1,815,000

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 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 the upside in market rent potential (40% increase in GSI), this property is an amazing investment opportunity.

320 Rosecrans Ave, Manhattan Beach, CA 90266 — Duplex | $1,850,000

  • Lowest Prices 30′ x 90′ Lot for Sale in All of The MB Sand Section
  • North Manhattan Beach Sand-Section Duplex on 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 and Electric
  • Potential Multifamily/SFR Development Opportunity (Buyer to Verify)
  • Incredible Ocean Views | Only a Short Walk to the Beach, Restaurants & Shops
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 unit. The 2,000 SF building sits on a full-sized sand-section lot with back alley access to the two

Property Downloads

  • City: Manhattan Beach
  • State/county: CA
  • Country: United States

Detail

Updated on October 5, 2020 at 2:06 pm

  • Price: $1,815,000
  • List Date: 7/20/2020
  • Sell Date: 10/02/2020
  • Property Size: 2000 Sq Ft
  • Land Area: 2705 Sq Ft
  • Garage Size: 2 Garage Spaces
  • Year Built: 1962
  • Property Type: Multifamily, Duplex
  • Property Status: Sold
  • Numbers of Units: 2
  • GRM: 22.18
  • CAP RATE: 2.82%
  • Price per Unit: $925,000
  • Market GRM: 15.73
  • Market CAP RATE: 4.58%

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

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