beach duplex for sale

208-210 45th street

manhattan beach, ca 90266

(el porto/north manhattan beach sand section)

map

sold

$ 1,250,000

1992 ocean view beach duplex

2 bedrooms / 2 baths each

each living room has a gas fireplace

2005 remodeled kitchens & baths

     with new tile counters & ceramic tile floors

upper unit has two balconies

lower unit has front balcony & small rear patio yard

each unit has private washer/dryer

four-car (tandem) garage

 

current rents

both units leased (please do not disturb residents)

208 (lower) $2,200 per month

210 (upper) $2,550 per month

tenants pay gas & electricity

owner pays water/sewer & trash

2006 income & expense information

208 45th St, Manhattan Beach, CA

 

 

 

 Year 2006

% of Inc.

Income

 

 

 

Rental Income

       52,767

 

 

Other Income (incl. laundry, late, etc)

              -  

 

 

TOTAL INCOME

       52,767

 

Expenses

 

 

 

Administrative

            100

0.2%

 

Landscape/Gardening

         2,064

3.9%

 

Management

              -  

0.0%

 

Property Insurance

         2,638

5.0%

 

Real Estate Taxes

         7,877

14.9%

 

Repairs & Maintenance

         2,496

4.7%

 

Replacement Reserves

         2,000

3.8%

 

Trash Collection

            298

0.6%

 

Utilities

            438

0.8%

 

TOTAL EXPENSES

       17,911

33.9%

 

 NET OPERATING INCOME

       34,856

 

current property management firm available to continue service

1,676 square feet of living space*

1,340 square foot lot*

* information obtained from los angeles county tax assessor records, which are deemed to be reliable, but not guaranteed.

note: this property backs up to our listing at 209-211 gull street

for further information, please contact:

the elliott company

real estate services                          

                                            

310/553-4567 or 310/551-0811                                        

gregg elliott                  

   ext. 333