1 month on rocket

121 Rosecrans Ave, Manhattan Beach, CA, 90266

$3,599,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeQuadruplex
ParkingGarage Faces Front, Garage Faces Rear
Garage4 spaces
Year Built1954
CoolingNone
WaterfrontBeach, Ocean Access
FireplaceNone
ViewOcean, Water
MLS #SB24058670
Lot Size0.06 Acres
StatusActive

About 121 Rosecrans Ave

Located just 4 homes to "The Strand”… Prime Ocean View Income Opportunity on a Full 30’ x 90’ Lot. These four bright and spacious units rent easily due to the close proximity to the beach, the surf, and North End restaurants, retail and cafes. 3 units with 2 bedrooms and 1 bathroom each, plus a 4th unit with 1 bedroom and 1 bathroom. Each unit includes 1 garage space, 1 tandem driveway space (8 cars total), and separate electric and gas meters. The building currently generates $13,230/mo in combined income ($158,760 yearly), with big upside. Short term rental income could provide $31,576 monthly income ($378,918 yearly), yielding a 5.23% CAP rate. Inquire for comps & income schedule. Properties with this many units and such close proximity to the beach are rarely available at a price like this.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Phone: (310) 265-3428
  • Listing Agent: Shawn Dugan

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access
  • View: Ocean, Water

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Garage Faces Front, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Mira Costa High School, Public District Grades 9-12
  • Manhattan Beach Middle School, Public District Grades 6-8
  • Grand View Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Streets: The Strand & Rosecrans Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,599,000

Tax Information:

  • Annual Amount: $26,920
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Manhattan Beach, CA.

Med. Sold Price

$2.7M

Med. Price/SqFt

$1,302

Avg. Days On Market

50

# of Sold Homes

28

121 Rosecrans Ave vs Manhattan Beach

33 DAYS ON ROCKET

-17 Days

$3,599,000

+$811.5K More

KEY TAKEAWAY

This property is $811.5K more than the Median Sold Price in Manhattan Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24058670

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Phone: (310) 265-3428
  • Listing Agent: Shawn Dugan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 26, 2007Home Sold
$882,500
Dec 26, 2007Home Sold
$882,500

Tax History

YEARPROP. TAXASSESSMENT
2021$26,920$2,142,458
2020$24,155$2,119,838
2019$23,671$2,078,274
2018$23,009$2,037,525
2017$23,009$1,997,574

History based on county public records data.

Payment Calculator

$18K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-983349
9
/10
  • Grand View Elementary School

  • 455 24th St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-983350
9
/10
  • Manhattan Beach Middle School

  • 1501 N Redondo Ave

  • 2.20 miles

  • Public District Grades 6-8

High School

school-card-donut-983351
9
/10
  • Mira Costa High School

  • 1401 Artesia Blvd

  • 2.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,500. Most Manhattan Beach, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyManhattan Beach90266121 Rosecrans Ave

This home is located at 121 Rosecrans Ave in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Sand neighborhood. This home, which was built in 1954, sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $3,599,000.

Manhattan Beach, CA housing market in March 2024 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 17 sold below. The inventory of homes for sale in Manhattan Beach, CA between February 2024 and March 2024 increased by 3.5%. In March 2024 median list price was $2,787,500 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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