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Active 8 days on market

472 Rosecrans Avenue

Manhattan Beach, CA 90266

$3,850,000

472 Rosecrans Avenue
472 Rosecrans Avenue photo 2
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+41 more
6Beds
6Baths
2,663Sq Ft
0.07Acres
1966Built
4Garage

About This Home

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 to offset your ownership costs, or retain one or more as private attached guest home(s) for family and friends. The flexibility is unmatched. 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, and a building that pays for itself. Truly rare! Hurry to realize this opportunity! Your future self will thank you!

Property Details

Property TypeSingleFamilyResidence
Year Built1966
Living Area2,663 sq ft
Lot Size0.07 acres
Bedrooms6
Bathrooms6 full
Garage Spaces4
Parking Total9
HeatingElectric,Fireplaces
CoolingNone
PoolNo
MLS #1168597314
Days on Market8 days

Location

Listed by

Mitch Hagerman

Vista Sotheby's International Realty

MLS# CLW-C106055

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.