472 Rosecrans Avenue
Manhattan Beach, CA, 90266 $ 3,850,000
Bedrooms6 Baths6.0 Sq 2,663 Monthly Estimate*
$ 23,705
for $3,850,000 with 6 bedrooms and 6 full baths. This 2,663 square foot home was built in 1966 on a lot size of 0.07.
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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FeaturesGeneralLiving Area 2663
Heating Fireplace(s)
Roof Concrete
Zoning MNRH
Architectural Style Modern
Year Built 1966
View Ocean
Levels Multi/Split
Property Subtype Single Family Residence
County Los Angeles
New Construction false
Property Type Residential
HOA false
Status Active
City Manhattan Beach
Senior Community Y/N false
MLS Area 142 - Manhattan Beach Sand
Lot Size Units Square Feet
Lot Size Square Feet 2882
Virtual Tour https://vimeo.com/351824830
Structure Type None
Standard Status Active
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InteriorFlooring Wood
Fireplace Features Electric Living Room
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Dryer Included Washer Included
Total Baths 6
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ExteriorLot Size Area 2882
Foundation Details None
Spa false
Building Area Total 2663
Lot Size Acres 0.07
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* Excluded FeaturesList ByMitch HagermanListing Agent
Vista Sotheby's International RealtyBroker
mitch.hagerman@vistasir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,705
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Manhattan Beach, CA
Average List Price $6,021,353
Percent of Sale Price 56%
About Manhattan Beach, CA 34,789 Population
2% Since 2002
$ 151,500 Median Income
43.46 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/19/2026 | $3,850,000 | | Listed Price |