Walking to the beach, restaurants, cafes, yoga studios, and all the trendy boutiques MB has to offer. Building has a diverse and ideal unit
mix including a 2 bed / 2 bath "Owners Penthouse" with ocean view rooftop deck, a 2 bed / 2 bath, a 1 bed / 1 bath and a studio. Building
generates $20,333 / month from long term rentals with projected cap rate for new investor at 4.33% inquire for details. This building is in
coastal zone of MB where short term rentals are legal for higher rent potential. Taken down to the studs, re-imagined by renowned Michael Lee
Architects, extensively and tastefully renovated inside and out. Living at this building is transporting and feels like being at a luxury boutique
tropical resort. Gated entry and trendy succulent walls leads you to your modern oasis. Exquisite attention to detail, pride of ownership w/
no money spared procuring designer luxury modern fixtures and finishes throughout. "Owners Penthouse" has rented to professional athletes
and noteworthy celebs. Live in owners unit, have other units pay your mortgage or rent them all and enjoy incredible cash flow! All luxury
apartments appointed w/ brand new modern open kitchens w/ islands, custom closets, hardwood floors, recessed LED lighting, flat screen TVs
and Sonos. Step into lucrative already renovated rentals instantly with no rent control! Solar system owned. All units have private laundry. 4
modern private garages, 8+ parking spots. Significant additional value add development potential and further upside in rents!
Mitch Hagerman
Broker Associate | MBA
310-963-4358
mitch.hagerman@vistasir.com
DRE#: 01897438
472 Rosecrans Ave | Manhattan Beach
6 bedrooms | 6 bathrooms | 2,663 square feet | Offered at $3,850,000
Turn Key Ocean View Modern Trophy Triplex in prime Sand Section of Manhattan Beach.
Live in the epic Owners Unit and let the other Units pay your Mortgage!
Visit ManhattanBeachRealEstate.com or click
the qr-code for Video, Floor Plans, and Pictures.
