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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!

6 Beds ⋅ 6 Baths ⋅ ACTIVE UNDER CONTRACT Status

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!

472 Rosecrans Ave, Manhattan Beach

Courtesy of Vista Sotheby's International Realty, Mitch Hagerman - CA DRE#01897438

$3,850,000

Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $20,733 monthly, NOI of $175,772, Cap Rate of 4.57%. 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.

6 Beds ⋅ 6 Baths ⋅ ACTIVE UNDER CONTRACT Status

Turn Key Ocean View Modern Trophy Building in the prime Sand Section of Manhattan Beach! Generating $20,733 monthly, NOI of $175,772, Cap Rate of 4.57%. 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.

472 Rosecrans Ave, Manhattan Beach

Courtesy of Vista Sotheby's International Realty, Mitch Hagerman - CA DRE#01897438

$3,349,000

Welcome to 323 31st Street, a luxurious 3 bedroom, 3 bath home with an office, and located just 3 blocks to the sand, shops and restaurants in beautiful Manhattan Beach! Panoramic ocean views adorn the top floor, providing the perfect backdrop for sipping wine at sunset or dining al fresco on the newly resurfaced deck with La Cantina sliding glass doors and retractable awning. The exquisitely remodeled gourmet kitchen features custom cabinets, stainless steel commercial grade Kitchen-Aid appliances, Fisher Paykel drawer style dishwashers and an oversized butler's pantry. Luxuriously remodeled baths, including a spa-like primary retreat that features hand crafted tiles, stone countertops along with designer fixtures and hardware. A super-sized 3 car garage (plus 2 extra spots on the driveway) provides ample parking and room for a home gym created by the owners with new flooring and tons of storage. Another unexpected surprise is the 500+ bottle wine cellar and bonus room that could be a small office, music room or a "princess closet" for storing extra designer clothes and shoes. Too many other upgrades to mention, including white oak floors, air conditioning, a water filtration system, newer roof and a Nuveen tankless water heater. This dreamy coastal retreat can be sold furnished for those wanting to start enjoying a slice of paradise on day 1.......

3 Beds ⋅ 3 Baths ⋅ PENDING Status ⋅ MB BLDG.

Welcome to 323 31st Street, a luxurious 3 bedroom, 3 bath home with an office, and located just 3 blocks to the sand, shops and restaurants in beautiful Manhattan Beach! Panoramic ocean views adorn the top floor, providing the perfect backdrop for sipping wine at sunset or dining al fresco on the newly resurfaced deck with La Cantina sliding glass doors and retractable awning. The exquisitely remodeled gourmet kitchen features custom cabinets, stainless steel commercial grade Kitchen-Aid appliances, Fisher Paykel drawer style dishwashers and an oversized butler's pantry. Luxuriously remodeled baths, including a spa-like primary retreat that features hand crafted tiles, stone countertops along with designer fixtures and hardware. A super-sized 3 car garage (plus 2 extra spots on the driveway) provides ample parking and room for a home gym created by the owners with new flooring and tons of storage. Another unexpected surprise is the 500+ bottle wine cellar and bonus room that could be a small office, music room or a "princess closet" for storing extra designer clothes and shoes. Too many other upgrades to mention, including white oak floors, air conditioning, a water filtration system, newer roof and a Nuveen tankless water heater. This dreamy coastal retreat can be sold furnished for those wanting to start enjoying a slice of paradise on day 1.......

323 31st St, Manhattan Beach

Courtesy of Strand Hill Properties, Alexandra Gauss - CA DRE#01426014