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2041 E Bermuda St, Long Beach, CA 90814
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2041 E Bermuda St Long Beach, CA 90814

$1,955,000 Sold Price as of 06/30/2022
  • 21 Beds
  • 11 Baths
  • 4,342 Sq.Ft.
Sold
$1,955,000 Sold Price as of 06/30/2022 Refinance Your Mortgage
Map preview of 2041 E Bermuda St, Long Beach, CA 90814

Property Overview: 2041 E Bermuda St Long Beach, CA has 21 bedrooms, 11 bathrooms, 4,342 living square feet and 6,505 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Four Units totaling 4,342 SF Located 1/2 a mile from the Long Beach Coast. The Front unit is 3 Bed/2Ba recently renovated (approx 1,322 SF). It has a front yard, AC, new appliances, fireplace, newer windows, sliding door and inside laundry. Unit 2 is a 2 Bed/ 1Ba (approx 910 SF) located Behind the front unit with newer kitchen appliances, granite counters, newer HVAC unit, and side private entrance. Unit 3 & 4 are located above the garages and are both 2 bed/ 1 bath (approx 980 SF each) with Alley Access. Also with newer kitchen appliances, granite counters & newer HVAC units. Recently upgrades electrical and sewer pipes. On site separate coined laundry for convenience of tenants in units 2,3 & 4. Every Unit has its own single car garage and additional shared parking in driveway. Walking Score is 89 and Biking Score is 91! Blocks from Alamitos Beach and Junipero Beach, Carroll Park, Bluff Park, Long Beach Museum of Art, minutes from Belmont Shore, Downtown, Pine Street, all the wonderful restaurants, shopping and entertainment. Great investment opportunity or live in one and rent the other 3 units!

Listed by Monica Mojarro | BRE #01272965 | Seven Gables Real Estate
Last checked: 16 seconds ago | Last updated: July 1st, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,505
HOA Dues
$0/mo
Year built
1968
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22108004
City
Long Beach
County
Los Angeles
Time on Site
698 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,389
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $119,400
  • Net Operating Income: $86,675
  • Gross Operating Income: --
  • Laundry Income: $300
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $32,725
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $24,680
  • Trash: $1,200
  • Gardener: $1,440
  • Insurance: $4,151
  • Professional Management: $3,000
  • Water/Sewer: $1,254

Virtual Tour

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Property Details for 2041 E Bermuda St

Interior Features
Cooling Information
  • Has Cooling
  • SEER Rated 13-15
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Community, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Vinyl
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Cooktop, Electric Water Heater, Disposal, Refrigerator
Interior Features
  • Recessed Lighting
  • Levels: Two
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Double Door Entry, Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway, Garage Faces Rear, Side by Side
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7263005010
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: North of 4th Street between Cherry Ave and Junipero Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 2041 E Bermuda St

Last sold for $1,955,000 on June 30th, 2022

  • June, 2022

  • Jun 30, 2022

    Date

    Sold

    CRMLS: OC22108004

    $1,955,000

    Price

  • May 21, 2022

    Date

    Active

    CRMLS: OC22108004

    $1,975,000

    Price

  • December, 2013

  • Dec 4, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2041 E Bermuda St

Assessed Value (2020): $310,807
Year Land Value Improved Value Assessed Value
2020 $93,233 $217,574 $310,807

Home Value Compared to the Market

This property vs the competition

2041 E Bermuda St sold on June 30, 2022 for 159.87% higher than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $454.86 per/sqft which puts the price per square foot 28.14% lower than the current median sale per square foot for the city of Long Beach.

About 2041 E Bermuda St

Detailed summary of property

2041 E Bermuda St is a fourplex that recently sold in Long Beach, CA 90814. This fourplex offered 21 bedrooms, 11 bathrooms, roughly 4,342 living square feet, and sits on an approximately 6,505 square foot lot. 2041 E Bermuda St was first listed on ArdentRealEstateGroup.com on May 21, 2022. The homeowner sold the property for $1,955,000. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 159.87% higher than the current median priced home. Local homes that are currently for sale include 3701 E Broadway, 249 Grand Ave and 1717 Temple Ave. While the average home in Long Beach, CA is selling in 56 days, 2041 E Bermuda St has a days on market of 13 days. There are currently 548 homes for sale in the Long Beach real estate market and 310 of them are single family homes while 223 of them are condos and 15 are townhomes. For more information on this home for sale at 2041 E Bermuda St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2041 E Bermuda St

Public county record property details
Beds
9
Baths
5
Year built
1968
Sq. Ft.
4,342
Lot Size
6,505
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7263-005-010

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$793,676
Median List Price/Sq.Ft.
$615
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
33
Median Sale to List Price %
129.91%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (12.5%), Other (37.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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