beach triplex for sale
129 38th street
manhattan beach, ca 90266
(el porto/north manhattan beach sand section)
front view from 38th street rear view from 38th place
sold
$ 1,995,000
1989 ocean view triplex
2 bedrooms + den, 2-1/2 baths each
each living room has a gas fireplace
each unit has private washer/dryer
private two-car (side-by-side) garage for unit a
four-car (tandem) garage for units b & c
power lines going underground in 2007
current rents
all units leased (please do not disturb residents)
unit a (front) $2,740 per month
unit b (middle) $2,600 per month
unit c (rear) $2,800 per month
2006 income & expense information
129 38th St, Manhattan Beach, CA |
|
|
|
|
Year 2006 |
% of Inc. |
|
Income |
|
|
|
Rental Income |
87,610 |
|
|
Other Income (incl. laundry, late, etc) |
472 |
|
|
TOTAL INCOME |
88,082 |
|
|
Expenses |
|
|
|
Administrative |
100 |
0.1% |
|
Landscape/Gardening |
2,653 |
3.0% |
|
Management |
- |
0.0% |
|
Property Insurance |
4,804 |
5.5% |
|
Real Estate Taxes |
11,436 |
13.0% |
|
Repairs & Maintenance |
5,907 |
6.7% |
|
Replacement Reserves |
3,000 |
3.4% |
|
Trash Collection |
429 |
0.5% |
|
Utilities |
776 |
0.9% |
|
TOTAL EXPENSES |
29,106 |
33.0% |
|
NET OPERATING INCOME |
58,976 |
|
|
tenants pay gas & electricity
owner pays water/sewer & trash
current property management firm available to continue service
3,720 square feet of living space*
2,696 square foot (street to alley) lot*
* information obtained from los angeles county tax assessor records, which are deemed to be reliable, but not guaranteed.
for further information, please contact:
real estate services
310/553-4567 or 310/551-0811
ext. 333