View Photos

2111 E Bermuda St Long Beach, CA 90814

$3,775,000 Sold Price as of 11/18/2020

11 Beds
9 Baths
6,383 Sq.Ft.

Sold

$3,775,000 Sold Price as of 11/18/2020 Refinance Your Mortgage

Map preview of 2111 E Bermuda St, Long Beach, CA 90814

Property Overview: 2111 E Bermuda St Long Beach, CA has 11 bedrooms, 9 bathrooms, 6,383 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a completely remodeled 9-unit apartment building located in the Bluff Heights area of Long Beach, California. Built in 1959, the subject property consists of 6,383 rentable square feet spread throughout a 6,506 square foot lot. The unit mix consists of two 2 bedroom / 1 bathroom units and seven 1 bedroom / 1 bathroom units. There are 6 garages for tenants’ convenience and also used to generate income for the owner. It is separately metered for gas and electricity which helps keep expenses to a minimum. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean and Downtown Long Beach where there are shops, restaurants, cafes, entertainment centers and grocery stores.

Listed by Kevin King | BRE #01158184 | Marcus & Millichap

Last checked: 4 minutes ago | Last updated: March 13th, 2023 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft: 6,098
HOA Dues: $0/mo
Year built: 1959
Garage: 6 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW20180940
City: Long Beach
County: Los Angeles
Time on Site: 1338 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 9
Total # of Buildings: 1
# of Electric Meters: 9
# of Gas Meters: 9
# of Water Meters: 1

Unit Breakdown 1

# of Units: 7
# of Beds: 1
# of Baths: 1
Garage Spaces: 6
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $14,350
Total Rent: $14,350
Pro Forma/Market Rent: $2,150

Unit Breakdown 2

# of Units: 2
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $5,430
Total Rent: $5,430
Pro Forma/Market Rent: $2,750

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $249,439
Net Operating Income: $169,983
Gross Operating Income: --
# of Rented Garages: 6
Garage Rental Income: $19,200
Other Income Description: Storage

Annual Expense Breakdown

Total Operating Expense: $79,456
Electric: $1,350
Gas/Fuel: $1,350
New Taxes: $49,375
Trash: $1,350
Gardener: $1,200
Insurance: $2,553
Maintenance: $5,850
Professional Management: $12,828
Water/Sewer: $1,350
Other Expenses: $2,250
Other Expense Description: Misc

Property Details for 2111 E Bermuda St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 6
# of Parking Spaces: 6

Lot Information

Lot Features: 6-10 Units/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 9
Parcel Number: 7263005026
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer, Septic Type Unknown, Unknown
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Alamitos Beach (AB)
Directions: Bermuda Ave. & Junipero

Neighborhood Information

Community Features: Curbs, Sidewalks

View more facts & features

Local Long Beach Agent

Sale History for 2111 E Bermuda St

Last leased for $2,195 on March 12th, 2023

March, 2023
Mar 12, 2023

Date

Leased

CRMLS: OC23032989

$2,195

Price
Feb 27, 2023

Date

Active

CRMLS: OC23032989

$2,195

Price
Listing provided courtesy of CRMLS

Enjoy Long Beach living at 2111 E Bermuda St #6! Located in the Fourth Street Corridor (Retro Row) neighborhood of Long Beach, this 1 bed/1 bath second(top)-floor unit features a fully remodeled modern living space with Bamboo Flooring, Marble Bathrooms, No-slam Kitchen Cabinets, Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning + Heater, PLUS Washer/Dryer In-unit included. Close to ocean and dining at Shoreline Village restaurants. Owner pays water/sewer. Street parking only. Close to ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
December, 2022
Dec 9, 2022

Date

Leased

CRMLS: OC22253089

$2,150

Price
Dec 8, 2022

Date

Active

CRMLS: OC22253089

$2,150

Price
Listing provided courtesy of CRMLS

Enjoy Long Beach living at 2111 E Bermuda St #8 located in the beautiful Alamitos Beach area and walking distance to Retro Row! This 1 bed, 1 bath unit is on the second floor and FULLY REMODELED with Bamboo Flooring, Marble Bathrooms, No-slam Kitchen Cabinets, Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning and Heater, plus Washer/Dryer In-unit included. Street parking. Owner pays water. Close to ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
April, 2022
Apr 29, 2022

Date

Leased

CRMLS: OC22080630

$2,195

Price
Apr 20, 2022

Date

Active

CRMLS: OC22080630

$2,195

Price
Listing provided courtesy of CRMLS

Enjoy Long Beach living at 2111 E Bermuda St #7 located in the beautiful Alamitos Beach area and walking distance to Retro Row! This 1 bed, 1 bath top-floor Unit was FULLY REMODELED with Bamboo Flooring, Marble Bathrooms, No-slam Kitchen Cabinets, Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning and Heater, plus Washer/Dryer In-unit included. Owner pays water/sewer. Option for Garage +$250/month. Close to ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
December, 2021
Dec 18, 2021

Date

Pending

CRMLS: OC21262647

$2,100

Price
Listing provided courtesy of CRMLS

OPEN HOUSE Saturday, December 11 at 11:00AM. Enjoy Long Beach living at 2111 E Bermuda St, Unit #8 located in the beautiful Alamitos Beach area and walking distance to Retro Row! This 1 bed, 1 bath unit is on the second floor and FULLY REMODELED in 2020 with Bamboo Flooring, Marble Bathrooms, No-slam Kitchen Cabinets, Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning and Heater, plus Washer/Dryer In-unit included. Street parking. Owner pays water. Close to ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
December, 2021
Dec 1, 2021

Date

Leased

CRMLS: OC21243873

$2,350

Price
Dec 1, 2021

Date

Pending

CRMLS: OC21243873

$2,350

Price
Listing provided courtesy of CRMLS

Enjoy Long Beach living at 2111 E Bermuda St, Unit #4 located in the beautiful Alamitos Beach area and walking distance to Retro Row! This 1 bed, 1 bath ground floor unit includes 1-car garage parking. This unit was FULLY REMODELED in 2020 with Bamboo Flooring, Marble Bathrooms, No-slam Kitchen Cabinets, Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning and Heater, plus Washer/Dryer In-unit included. Owner pays water, sewer, trash. Close to ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
November, 2021
Nov 6, 2021

Date

Leased

CRMLS: OC21217625

$2,100

Price
Sep 30, 2021

Date

Active

CRMLS: OC21217625

$2,100

Price
Listing provided courtesy of CRMLS

OPEN HOUSE Sunday, Oct 31 from 12-1PM. Enjoy Long Beach living at 2111 E Bermuda St, Unit #1 located in the beautiful Alamitos Beach area and walking distance to Retro Row! This 1 bed, 1 bath ground floor unit was FULLY REMODELED in 2020 with Bamboo Flooring, Marble Bathroom, No-slam Kitchen Cabinets and Quartz Countertops, and Recessed Lighting. All Stainless Steel Appliances, Air Conditioning and Heater, Large Walk-in Closet, plus Washer/Dryer In-unit included. Owner pays water. Street Parking. Close to the ocean and Downtown Long Beach restaurants, shops, cafes, and entertainment centers. Don't miss out on the opportunity to call this place home-sweet-home!

Continue Reading
November, 2020
Nov 19, 2020

Date

Sold

CRMLS: PW20180940

$3,775,000

Price
Nov 13, 2020

Date

Pending

CRMLS: PW20180940

$3,950,000

Price
Sep 1, 2020

Date

Active

CRMLS: PW20180940

$3,950,000

Price
November, 2020
Nov 17, 2020

Date

Sold (Public Records)

Public Records

$3,775,000

Price
April, 2019
Apr 8, 2019

Date

Sold (Public Records)

Public Records

$2,200,000

Price

Tax History for 2111 E Bermuda St

Assessed Value (2020): $2,244,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$1,224,000	$2,244,000

Home Value Compared to the Market

This property vs the competition

2111 E Bermuda St sold on November 18, 2020 for 393.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $618.83 per/sqft which puts the price per square foot 2.08% lower than the current median sale per square foot for the city of Long Beach.

About 2111 E Bermuda St

Detailed summary of property

2111 E Bermuda St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 11 bedrooms, 9 bathrooms, roughly 6,383 living square feet, and sits on an approximately 6,098 square foot lot. 2111 E Bermuda St was first listed on ArdentRealEstateGroup.com on September 1, 2020. The homeowner sold the property for $3,775,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 393.75% higher than the current median priced home. Local homes that are currently for sale include 208 Granada Ave, 17061 Sandra Lee Ln and 16861 Green Ln. While the average home in Long Beach, CA is selling in 54 days, 2111 E Bermuda St has a days on market of 73 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 2111 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 2111 E Bermuda St

Public county record property details

Beds: 11
Baths: 9
Year built: 1959
Sq. Ft.: 6,383
Lot Size: 6,506
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 7263-005-026

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

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 2111 E Bermuda St

Nearby Homes for Sale

Recently Sold Homes Near 2111 E Bermuda St

$1,350,000 Last Sold Price

5 Beds

4 Baths

2708 Sq.Ft.

2105 E Bermuda St
Long Beach, CA 90814

$1,955,000 Last Sold Price

21 Beds

11 Baths

4342 Sq.Ft.

2041 E Bermuda St
Long Beach, CA 90814

$1,475,000 Last Sold Price

4 Beds

5 Baths

3760 Sq.Ft.

2116 E Bermuda St
Long Beach, CA 90814

$4,050,000 Last Sold Price

10 Beds

11 Baths

6094 Sq.Ft.

2104 E Florida St
Long Beach, CA 90814

Related Resources to 2111 E Bermuda St

New Listings in 90814

Popular Zip Codes

Popular Cities

Other Long Beach Resources

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.