NOT LISTED FOR SALE

2106 E Bermuda St Long Beach, CA 90814

North Alamitos Beach Neighborhood
3 Beds
3 Baths
9,888 Sq Ft
7,922 Sq Ft Lot

Last Sold November 19, 2024

Last sale price $2,950,000 $298 Per Sq Ft

162 Days on Market

Highlights

  • 0.18 Acre Lot
  • Property is near a park
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • No HOA
  • Bike Trail

About This Home

As of November 2024

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).

Last Agent to Sell the Property

Mark Kachigan

Pabst, Kinney & Associates Brokerage Phone: 562-225-4848 License #00644779 Listed on: 04/03/2024

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,922 Sq Ft Lot
  • Lot Dimensions are 50' x 159'
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 9,888 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Property is near a park

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 2
  • Tax Tract Number 3350
  • Assessor Parcel Number 7263006018
  • $2,650 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 15 Units
  • Alamitos Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $6,400
  • Other Expense $12,294
  • Pest Control $1,448
  • Professional Management Expense $23,411
  • Supplies Expense $1,904
  • Trash Expense $1,000
  • Operating Expense $95,000
  • Gross Income $272,700
  • Net Operating Income $166,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 223333
  • Professional Management Expense: 23411.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Heights (AH)
  • Supplies Expense: 1904.00
  • Zoning: LBR1N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 7263006018
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 298.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1448.00
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Watersports, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Park Nearby, Walkstreet
  • Lot Size: 50' X 159'
  • Lot Size Sq Ft: 7922.00
  • Lot Size Acres: 0.1819

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 660 Square Feet
  • Average2 Bed Area: 768 Square Feet
  • Average Studio Area: 600 Square Feet
  • Gross Income: 272700.00
  • Gross Multiplier: 12.30
  • Gross Operating Income: 264500.00
  • Gross Scheduled Income: 272700.00
  • Insurance Expense: 6400.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7922.0000 Square Feet
  • Net Operating Income: 166500.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 15
  • Operating Expense: 98000.00
  • Operating Expense Percent: 37.00
  • Other Expense: 12294.00
  • Other Expense Description: Utility
  • Other Income Description: Laundry leased with "WASH"
  • Rent Control: Yes
  • Total Actual Rent: 22400.00
  • Total Expenses: 95000.00
  • Vacancy Allowance: 8200
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5768.01
  • Tax Lot: 1
  • Tax Tract Number: 3350
  • TaxOtherAnnualAssessmentAmount: 2650.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $2,950,000 -11.9% $298 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $3,350,000 -5.6% $339 / Sq Ft
06/06/2024 06/06/24 Price Changed $3,550,000 -5.3% $359 / Sq Ft
04/03/2024 04/03/24 For Sale $3,750,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Kachigan

    Seller's Agent in 2024

    Mark Kachigan

    Pabst, Kinney & Associates

    (562) 225-4848

    3 in this area

    35 Total Sales

    Mark Kachigan
    Section Image
  • Anthony Walker

    Buyer's Agent in 2024

    Anthony Walker

    Buckingham Investments, Inc

    (310) 982-7055

    8 in this area

    81 Total Sales

    Anthony Walker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24057370

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90814 North Alamitos Beach

2106 E Bermuda St, Long Beach, CA

This home is located at 2106 E Bermuda St, Long Beach, CA 90814 since 03 April 2024. This property was built in 1922. 2106 E Bermuda St is a home located in Los Angeles County with nearby schools including Burbank Elementary School, Woodrow Wilson High School, and St. Anthony Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes