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2104 E Florida St, Long Beach, CA 90814
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2104 E Florida St Long Beach, CA 90814

$4,050,000 Sold Price as of 05/14/2021
  • 10 Beds
  • 11 Baths
  • 6,094 Sq.Ft.
Sold
$4,050,000 Sold Price as of 05/14/2021 Refinance Your Mortgage
Map preview of 2104 E Florida St, Long Beach, CA 90814

Property Overview: 2104 E Florida St Long Beach, CA has 10 bedrooms, 11 bathrooms, 6,094 living square feet and 6,487 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2104 E. Florida Street is an impeccably renovated eleven-unit investment property located in the highly desirable Fourth Street / Retro Row neighborhood of Long Beach. The 1940's-built property offers ten 1 BD / 1 BA units and one studio unit with ample storage and four garages. Extensive interior renovations totaling over $50,000 per unit include new laminate flooring, custom shaker-style cabinets, quartz countertops, in-unit washer/dryers (all but two units), stainless steel appliances, designer bathroom tile, pedestal sinks, and modern lighting, ceiling fans and fixtures throughout. New exterior and building system renovations include HVAC and tankless water heaters for all units, new electrical and plumbing systems and new garage doors. The Fourth Street / Retro Row location is desirable for young urban professionals seeking close proximity to employment opportunities in Downtown Long Beach, along with a plethora of shopping and dining amenities. 2104 E. Florida Street provide an investor with a turnkey condition property in a highly popular Long Beach rental market at a 4.53% cap rate on current rents.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Co-listed by Todd Hawke | BRE #01376219 | Keller Williams - Santa Monica
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 181

Home details

Lot Sq. Ft
6,487
HOA Dues
$0/mo
Year built
1948
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20222571
City
Long Beach
County
Los Angeles
Time on Site
1286 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 1
  • # of Electric Meters: 12
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,134
  • Total Rent: $21,340
  • Pro Forma/Market Rent: $2,175
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $288,480
  • Net Operating Income: $188,918
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $85,139
  • Electric: $1,443
  • Gas/Fuel: $1,443
  • Licenses: $600
  • New Taxes: $53,116
  • Trash: $1,443
  • Gardener: $1,200
  • Insurance: $2,748
  • Maintenance: $4,800
  • Professional Management: $13,703
  • Water/Sewer: $1,443
  • Other Expenses: $2,200
  • Other Expense Description: Reserves

Property Details for 2104 E Florida St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 11
  • Parcel Number: 7263005016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Cherry Ave & E 4th St
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Long Beach Agent

Sale History for 2104 E Florida St

Last sold for $4,050,000 on May 14th, 2021

  • July, 2021

  • Jul 1, 2021

    Date

    Expired

    CRMLS: OC21051951

    $2,100

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: OC21051951

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Come checkout your new home in this gorgeous Alamitos Beach area of Long Beach a short walk from the renowned shops and restaurants of Retro Row. Florida Street has the best of both worlds! Still in the city but with a very suburban look! You can unwind your day in these completely remodeled chic apartments! You will fall in love! This property sits in the heart of Retro Row, a three-block collection of a dozen-plus vintage and retro shops on Fourth Street between Cherry Avenue and Junipero Avenue, The Los Angeles Times dubbed the Retro Row neighborhood one of the coolest neighborhoods in the City! Whether it be your local cafe or favorite thrift shop, the area is teaming with vibe within minutes! Walk down to the Bluff to overlook the ocean, do yoga or walk your dog around Bixby Park! So much to do in this area you will fall in love at first sight! Amenities: - All Brand-New SAMSUNG Stainless Steel Appliances - Stove - Refrigerator w/ water and ice-maker - Microwave - Dishwasher - Built In AC/Heater Unit - Brand New No Slam kitchen cabinets with quartz countertops - Porcelain tile in the kitchen and bathrooms -Original Refinished Wood Flooring - All Stone Bathroom, Mosaic Grey Stones, Chevron Accents -Built in dresser -Ceiling Fans -Recessed Lighting -Full Bath -Cable Ready -Brand New Paint -Crown Molding -Spacious Units -Vintage Decor and Craftsmanship

  • May, 2021

  • May 17, 2021

    Date

    Sold

    CRMLS: PW20222571

    $4,050,000

    Price

  • Apr 23, 2021

    Date

    Pending

    CRMLS: PW20222571

    $4,250,000

    Price

  • Oct 24, 2020

    Date

    Active

    CRMLS: PW20222571

    $4,250,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Canceled

    CRMLS: 20585614

    $4,350,000

    Price

  • Aug 10, 2020

    Date

    Withdrawn

    CRMLS: 20585614

    $4,350,000

    Price

  • Jun 8, 2020

    Date

    Active

    CRMLS: 20585614

    $4,350,000

    Price

  • Listing provided courtesy of CRMLS

    2104 E. Florida Street is an 11-unit turn-key property located just one block south of 4thStreet/Retro -Row.This 11-unit property offers 10 one/bedrooms and 1 studio and was newly remodeled toan extremely high standard including wood laminate flooring, custom cabinetry, quartzcountertops, farmhouse sinks, stainless steel appliances/dishwashers, ceilingfans/air-conditioning, bathroom vanities/porcelain tiled flooring and designer lightingthroughout. The plumbing was updated to 100% copper and all units have their ownprivate laundry and are separately metered for gas/electric.This electric and hip area is arguably one of the fastest growing submarkets of Long Beach,known for high quality tenants. The property also features 4 single car garages/storage for added income.

  • September, 2018

  • Sep 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,535,000

    Price

  • May, 2018

  • May 18, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2104 E Florida St

Assessed Value (2020): $2,587,000
Year Land Value Improved Value Assessed Value
2020 $2,040,000 $547,000 $2,587,000

Home Value Compared to the Market

This property vs the competition

2104 E Florida St sold on May 14, 2021 for 459.21% 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 $697.41 per/sqft which puts the price per square foot 10.17% higher than the current median sale per square foot for the city of Long Beach.

About 2104 E Florida St

Detailed summary of property

2104 E Florida St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 10 bedrooms, 11 bathrooms, roughly 6,094 living square feet, and sits on an approximately 6,487 square foot lot. 2104 E Florida St was first listed on ArdentRealEstateGroup.com on October 24, 2020. The homeowner sold the property for $4,050,000. 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 459.21% higher than the current median priced home. Local homes that are currently for sale include 17061 Sandra Lee Ln, 7851 Glencoe Dr and 825 E 108th St. While the average home in Long Beach, CA is selling in 54 days, 2104 E Florida St has a days on market of 181 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 2104 E Florida 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 2104 E Florida St

Public county record property details
Beds
11
Baths
11
Year built
1948
Sq. Ft.
6,093
Lot Size
6,487
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7263-005-016

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
$771,400
Median List Price/Sq.Ft.
$615
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

Thinking of Selling?

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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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