Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $19,663 monthly, NOI of $158,6568, Cap Rate of 4.12%. Some upside in long term rents possible and this building lies within the MB Coastal Zone where lucrative short term rentals are legal. Walking to the beach, and the best restaurants, cafes, yoga studios, and trendy boutiques North MB has to offer. Taken down to studs, re-imagined by renowned Michael Lee Architects, extensively renovated inside and out. 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 the 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 fully occupied rentals cash flowing immediately! Solar system owned. All units have private laundry. 4 modern private garages with storage and EV charging stations. 8 additional coveted parking spaces! MB income properties this turn key with modern designer finishes, incredible parking, and an ocean view owners penthouse unit rivaling most Sand Section townhomes are a truly rare find! Possible value add addition. Inquire for current rent roll and building financials.
For sale
$3,850,000
472 Rosecrans Ave, Manhattan Beach, CA 90266
6beds
6baths
2,663sqft
Multi Family
Built in 1966
-- sqft lot
$3,703,800 Zestimate®
$1,446/sqft
$-- HOA
What's special
Luxury apartmentsIncredible parkingSolar system ownedRecessed led lightingHardwood floorsCustom closetsFlat screen tvs
- 70 days |
- 446 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Mitch Hagerman DRE # 01897438 310-963-4358,
Vista Sotheby's International Realty 310-546-7611
Source: CLAW,MLS#: 26830069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Fireplace(s), Wall Electric
Cooling
- None
Appliances
- Included: Barbeque, Disposal, Freezer, Dryer, Dishwasher, Microwave, Water Line to Refrigerator, Washer, Refrigerator, Range/Oven
- Laundry: In Unit, In Garage, Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Hardwood
Interior area
- Total structure area: 2,663
- Total interior livable area: 2,663 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Carport, Driveway, Garage - 1 Car
- Garage spaces: 4
- Has carport: Yes
- Covered spaces: 5
- Uncovered spaces: 3
Features
- Levels: Multi/Split
- Stories: 3
- Has view: Yes
- View description: Peek-A-Boo, Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 2,883 Square Feet
Details
- Additional structures: None
- Parcel number: 4175006020
- Zoning: MNRH
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family
Condition
- Year built: 1966
Utilities & green energy
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Manhattan Beach
Financial & listing details
- Price per square foot: $1,446/sqft
- Tax assessed value: $3,827,757
- Annual tax amount: $43,293
- Date on market: 5/13/2026
Estimated market value
$3,703,800
$3.52M - $3.89M
$5,822/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Listed for rent | $5,500+10%$2/sqft |
Source:  CLAW #26858831 Report a problem | ||
| 5/13/2026 | Listed for sale | $3,850,000+10%$1,446/sqft |
Source:  CLAW #26830069 Report a problem | ||
| 6/21/2023 | Listing removed | -- |
Source: CLAW #23-275885 Report a problem | ||
| 6/1/2023 | Listed for rent | $5,000-4.8%$2/sqft |
Source: CLAW #23-275885 Report a problem | ||
| 10/6/2021 | Listing removed | -- |
Source: CLAW Report a problem | ||
| 9/25/2021 | Listed for rent | $5,250+5%$2/sqft |
Source: CLAW #21787806 Report a problem | ||
| 10/22/2020 | Listing removed | $5,000$2/sqft |
Source: Compass #20610636 Report a problem | ||
| 7/29/2020 | Listed for rent | $5,000-9.1%$2/sqft |
Source: Compass #20610636 Report a problem | ||
| 11/25/2019 | Sold | $3,500,000-10.1%$1,314/sqft |
Source: Public Record Report a problem | ||
| 11/7/2019 | Pending sale | $3,895,000$1,463/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #19-496004 Report a problem | ||
| 10/9/2019 | Price change | $3,895,000-2.5%$1,463/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #19-496004 Report a problem | ||
| 9/26/2019 | Price change | $3,995,000-9.2%$1,500/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #19-496004 Report a problem | ||
| 8/10/2019 | Listed for sale | $4,400,000+144.4%$1,652/sqft |
Source: Coldwell Banker Residential Brokerage #19-496004 Report a problem | ||
| 8/3/2019 | Listing removed | $5,500$2/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #19-489234 Report a problem | ||
| 7/16/2019 | Listed for rent | $5,500+10%$2/sqft |
Source: Coldwell Banker Residential Brokerage #19-489234 Report a problem | ||
| 9/28/2018 | Listing removed | $5,000$2/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #18-382522 Report a problem | ||
| 9/7/2018 | Price change | $5,000-9.1%$2/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #18-382522 Report a problem | ||
| 9/5/2018 | Listed for rent | $5,500+22.2%$2/sqft |
Source: Coldwell Banker Residential Brokerage #18382522 Report a problem | ||
| 10/20/2017 | Listing removed | $4,500$2/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #17-270160 Report a problem | ||
| 9/27/2017 | Price change | $4,500-5.3%$2/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #17-270160 Report a problem | ||
| 9/14/2017 | Listed for rent | $4,750+171.4%$2/sqft |
Source: Coldwell Banker Residential Brokerage #17270160 Report a problem | ||
| 1/16/2016 | Listing removed | $1,750$1/sqft |
Source: Coldwell Banker Residential Brokerage #15954331 Report a problem | ||
| 12/29/2015 | Price change | $1,750-50%$1/sqft |
Source: Coldwell Banker Residential Brokerage #15954331 Report a problem | ||
| 11/7/2015 | Price change | $3,500+45.8%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Venice #15-957177 Report a problem | ||
| 10/29/2015 | Listed for rent | $2,400$1/sqft |
Source: Coldwell Banker Residential Brokerage #15954331 Report a problem | ||
| 5/6/2015 | Sold | $1,800,000+222%$676/sqft |
Source: CLAW #14803109 Report a problem | ||
| 6/29/2005 | Sold | $559,000$210/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $43,293 +1.2% | $3,827,757 +2% |
| 2024 | $42,765 +2.7% | $3,752,704 +2% |
| 2023 | $41,660 +1.8% | $3,679,122 +2% |
| 2022 | $40,938 +1.7% | $3,606,984 +2% |
| 2021 | $40,242 +0.9% | $3,536,260 +1% |
| 2020 | $39,871 | $3,500,000 +21.9% |
| 2019 | $39,871 +23.6% | $2,871,504 +2% |
| 2018 | $32,257 | $2,815,200 +51% |
| 2017 | $32,257 +50.7% | $1,863,999 +2% |
| 2016 | $21,403 +4.5% | $1,827,450 +19.3% |
| 2015 | $20,490 +21% | $1,532,262 +2% |
| 2014 | $16,928 | $1,502,249 +2.5% |
| 2012 | -- | $1,466,140 -0.6% |
| 2011 | -- | $1,474,894 -19.7% |
| 2010 | -- | $1,835,771 -0.2% |
| 2009 | -- | $1,840,133 +2% |
| 2008 | -- | $1,804,053 +2% |
| 2007 | -- | $1,768,680 +2% |
| 2006 | -- | $1,734,000 +854.3% |
| 2005 | -- | $181,703 +4% |
| 2004 | -- | $174,649 +1.9% |
| 2003 | -- | $171,449 +2% |
| 2002 | -- | $168,089 +4% |
| 2000 | -- | $161,564 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 90266
Nearby schools
GreatSchools rating
- 10/10Grand View Elementary SchoolGrades: K-5Distance: 0.5 mi
- NAManhattan Beach PreschoolGrades: Distance: 1.7 mi
- 8/10Manhattan Beach Middle SchoolGrades: 6-8Distance: 2 mi
- $---- bd1 ba-- sqft472 Rosecrans Ave #2, Manhattan Beach, CA 90266Off Market
- $3,849,2002 bd2 ba2.6k sqft472 Rosecrans Ave APT 1, Manhattan Beach, CA 90266Off Market
- $2,953,1002 bd2 ba-- sqft472 Rosecrans Ave APT 3, Manhattan Beach, CA 90266Off Market
- $3,942,900-- bd-- ba3.6k sqft468 Rosecrans Ave, Manhattan Beach, CA 90266Off Market
- $--2 bd2 ba1.2k sqft468 Rosecrans Ave APT 3, Manhattan Beach, CA 90266Off Market
- $--2 bd2 ba1.2k sqft468 Rosecrans Ave APT 2, Manhattan Beach, CA 90266Off Market
- $--2 bd2 ba1.2k sqft468 Rosecrans Ave APT 1, Manhattan Beach, CA 90266Off Market
- $--3 bd3 ba1.4k sqft480 Rosecrans Ave APT 2, Manhattan Beach, CA 90266Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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