225 Rosecrans ave, Manhattan Beach, CA 90266
Active
$3,650,000
3 Units
7 Beds
6 Baths
3,064 Area(sq.ft.)
Lot: 2,699 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 6,500 | $ 6,500 | $ 6,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 5,000 | $ 5,000 | $ 5,000 |
| Unit 3 | 1 | 2 | 2 | No | $ 5,300 | $ 5,300 | $ 5,300 |
| 3 | 7 | 6 | $ 16,800 | $ 16,800 | $ 16,800 |
| MLS #: | 25526873 |
| Days On Market: | 233 |
| Listing Date: | April 17, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,191 |
| Price per unit: | $ 1,216,667 |
| Year Built: | 1964 |
Property Details
Welcome to your dream investment or beachside living opportunity in the heart of Manhattan Beach's coveted El Porto neighborhood. This beautifully renovated triplex is just one block from the ocean and offers an unbeatable combination of modern upgrades, income potential, and coastal charm. The property features three thoughtfully updated units, including a spacious 3-bedroom, 2-bathroom unit on the ground floor with a private front patio offering ocean views and exclusive use of a private garage. Above, the second level features two completely separate 2-bedroom, 2-bathroom units, each offering privacy and comfort. Ideal for long-term tenants or short-term beach rentals. All units have been fully renovated with stainless steel appliances, modern laminate flooring, and stylishly updated bathrooms. The building has fresh interior and exterior paint and a brand-new roof, with a second garage providing additional parking or storage. Located in the ultra-walkable El Porto area, you're just steps from the sand, popular cafes, surf spots, and local shops. Whether you're an investor looking for strong rental income or a buyer wanting to live in one unit and rent the others, this rare triplex is a must-see.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 201,600 |
| Total Annual Expense: | $ 15,000 |
| Net Operating Income: | $ 186,600 |
| Gross Annual Income: | $ 201,600 |
| Gross Rent Multiplier: | 18.10 |
| Actual Gross Rent: | $ 201,600 |
Structure
| Amenities: | None |
| Type of Units: | Apartments |
| Buildings: | 1 |
| Levels: | Multi/Split |
| Security Features: | None |
Land & Parking
| Zoning: | MNRH |
| Parking Garage: | Private Garage, Garage - 2 Car, Assigned |
Interior
| Cooking Appliances: | Microwave, Oven-Gas |
| AC/Cooling: | None |
| Equipment: | Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven |
| Heating: | Central |
| Fireplace Rooms: | None |
| Laundry: | Community, Garage |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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