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472 Rosecrans Ave , Manhattan Beach, CA 90266
$3,850,000
Est. Payment: $19,297.86/mo
6 Bed
6 Bath
2663 Sqft
Status: active | Days on site: 9
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House Description

MB Modern Renovated Luxury Triplex w/ Incredible Owners Unit! Live in a stunning ocean view penthouse rivaling the finest Sand Section townhomes and let the units below pay your mortgage. This is the rare opportunity to own an architecturally reimagined, turn-key boutique building in prime North Manhattan Beach, with the lifestyle of a luxury home and the financial upside of income property. The owners penthouse spans three levels and exudes warm, organic-modern luxury: soaring ceilings, skylights, hardwood floors, and a brand-new open gourmet kitchen with island. Two spacious en-suite bedrooms, an office loft, three fireplaces, and three smart TVs with Sonos. Two private outdoor spaces including a rooftop ocean view deck with outdoor kitchen deliver seamless indoor-outdoor living at its best. Previously home to professional athletes and notable celebrities. The three additional fully renovated luxury units are equally appointed with designer kitchens, custom closets, hardwood floors, Sonos, and private laundry fully occupied and cash-flowing today. Rent them all short or long term to offset your ownership costs, or retain one or more as private attached guest home(s) for family and friends. The flexibility is unmatched. Building currently generating $19,663 monthly on long term rents, generates $158,568 net operating income offering a new investor a 4.12% cap rate. This property is in MB Coastal Zone where lucrative short term rentals allowed. 4 private modern garages w/ epoxy floors, additional storage, EV charging + 8 additional coveted parking spaces unheard of this close to the beach. Owned solar system. Gated entry. Taken to studs and reimagined by renowned Michael Lee Architects with no expense spared. Walk to the beach, trendy restaurants, cafes, yoga studios, and the boutiques that define the Manhattan Beach lifestyle. This is not a compromise to a traditional one unit SFR or townhome purchase, it's the upgrade to financial freedom! RETIRE EARLY! Modern design, incredible parking, ocean views, in coastal zone where you can pursue short term rentals. Truly rare! Hurry to realize this opportunity! Your future self will thank you!
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Highlights

Listed by Mitch Hagerman , 310-963-4358 Vista Sotheby's International Realty , 310-546-7611. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
0.07

Year Built

1966

County

Los Angeles

Area

142 - Manhattan Bch Sand

Listing ID

26835949

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Appliances:Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Floor:Wood

Exterior Features

Lot:No Land Lease
Garage Capacity:9
Zoning:MNRH
Parking Features:Concrete
Principal Interest
$19,298
Taxes
$2,454

Home Price

$3,850,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$770,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,297.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,297.86 $2,454.38 $0.00 $21,752.24
Yearly $231,574.32 $29,452.50 $0.00 $261,026.82
Total $6,947,229.72 $883,575.00 $0.00 $7,830,804.72
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Manhattan Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-26T01:40:03.000Z

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