Est. cap rate

1.7%

Assumed rent, all units

$10,470/mo

Units

3

Price per unit

$1,250,000

Est. annual NOI

$62,820

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

3,064 sqft

Lot size

2,698 sqft

Year built

1964

Stories

2

Garage spaces

3

Pool

None

View

Ocean

Status

Active

Days on market

40

MLS #

246936146

About this property

Exceptional Ocean View investment opportunity in the heart of North Manhattan Beach. 225 Rosecrans Avenue is a well-positioned triplex offering three spacious residences and the rare advantage of approved short-term rental licenses for all three units. The property consists of a generous 3-bedroom, 2-bath lower residence and two upper 2-bedroom, 2-bath units, creating flexibility for investors, owner-users, or those seeking a combination of long-term and short-term rental income. Ideally located just moments from the beach, local shops, restaurants, and everything that makes the Manhattan Beach lifestyle so desirable, this property offers tremendous versatility in one of the South Bay’s most sought-after coastal communities. With three desirable units and existing Airbnb approvals, 225 Rosecrans presents a unique opportunity to own a flexible income-producing property in an exceptional Manhattan Beach location. Whether held as a long-term investment, operated as short-term rentals, or utilized as an owner-occupied property with supplemental income, the possibilities are outstanding.

Location

225 Rosecrans Avenue

Manhattan Beach, Los Angeles, CA, 90266