2106 E Bermuda St, Long Beach, CA 90814
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2106 E Bermuda St Long Beach, CA 90814

$3,750,000
  • 14 Beds
  • 15 Baths
  • 9,888 Sq.Ft.
For Sale
$3,750,000 Get Pre-Qualified

Map preview of 2106 E Bermuda St, Long Beach, CA 90814

Property Overview: 2106 E Bermuda St Long Beach, CA has 14 bedrooms, 15 bathrooms, 9,888 living square feet and 7,922 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime building & location in Alamitos Beach and adjacent to Carroll Park neighborhood. First time for sale in 40 years! Large size units with a lots of character! New vinyl windows in several of the units. Newer roof! Walk to the beach, Downtown, or Retro-Row. Excellent low-vacancy rental area! Unit mix: 1-(2 Br), 12-(1 Br's), 2-(Studio), 1-(Garage).

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 8 minutes ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 21
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Home details

Lot Sq. Ft
7,922
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Apartment
Status
Active
MLS#
PW24057370
City
Long Beach
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
  • # of Electric Meters: 16
  • # of Gas Meters: 16
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
Unit Breakdown 2
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $18,350
  • Total Rent: $18,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $268,800
  • Net Operating Income: $165,800
  • Gross Operating Income: $260,800
  • Vacancy Allowance: $8,000
  • # of Rented Garages: 1
  • Laundry Own/Lease: Lease
  • Other Income Description: Laundry leased with "WASH"
Annual Expense Breakdown
  • Total Operating Expense: $95,000
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $975
  • Trash: $1,000
  • Gardener: $1,500
  • Insurance: $6,400
  • Professional Management: $23,411
  • Water/Sewer: $0
  • Other Expenses: $12,294
  • Other Expense Description: Utility

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Property Details for 2106 E Bermuda St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Rectangular Lot, Level, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 15
  • Parcel Number: 7263006018
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Heights (AH)
  • Directions: East of Cherry, West of Junipero; between 3rd & 4th St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks, Storm Drains
View more facts & features

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Sale History for 2106 E Bermuda St

Last sold on July 18th, 2016
  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: PW24057370

    $3,750,000

    Price

  • July, 2016

  • Jul 18, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2106 E Bermuda St

Assessed Value (2020): $692,346
Year Land Value Improved Value Assessed Value
2020 $243,644 $448,702 $692,346

Home Value Compared to the Market

This property vs the competition

2106 E Bermuda St is listed 368.81% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $379.25 per/sqft which puts the price per square foot 40.46% lower than the median price per square foot for the city of Long Beach.

About 2106 E Bermuda St

Detailed summary of property

2106 E Bermuda St is a apartment located in Long Beach, CA 90814 and is currently for sale. This apartment offers 14 bedrooms, 15 bathrooms, roughly 9,888 living square feet, and sits on an approximately 7,922 square foot lot. 2106 E Bermuda St was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $3,750,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 368.81% higher than the median priced home. Local competing homes currently for sale include 5 Loma Ave, 1365 Newport Ave and 433 W 7th St. While the average home in Long Beach, CA is selling in 54 days, 2106 E Bermuda St has a days on market of 21 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 2106 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 2106 E Bermuda St

Public county record property details
Beds
11
Baths
15
Year built
1922
Sq. Ft.
9,888
Lot Size
7,919
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7263-006-018

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%)

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Related Resources to 2106 E Bermuda St

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.