NOT LISTED FOR SALE

2124 E Bermuda St Long Beach, CA 90814

North Alamitos Beach Neighborhood
8 Beds
7 Baths
5,248 Sq Ft
7,942 Sq Ft Lot Lot

Sale Details

Date Sold: October 7, 2014

Last sale price $1,310,000 $250 Per Sq Ft

323 Days on Market

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Carpet
  • Woodrow Wilson High School Rated A
  • Forced Air Heating System

About This Home

As of October 2014

Pride of ownership building in a great Belmont Heights location. Classic showcase building that includes newer roof, stucco, paint and termite, great interior courtyard, seperate laundry, 4 car garages, walk to beach, public transportaion and parks. Rent projected low. Great opportunity, garages included in rent.

Last Agent to Sell the Property

Ken Trossen

Equity Brokers License #00802751 Listed on: 10/11/2013

Co-Listed By

Mike Trossen

Equity Brokers License #01466702

Last Buyer's Agent

Downey Thomas

Fleming Realty License #00712446

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,942 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,248 Sq Ft Home
  • Carpet
  • Gas Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10464
  • Assessor Parcel Number 7263006021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Gardener Expense $1,740
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $15,950
  • Gross Income $7,580
  • Net Operating Income $61,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

7,942 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.50
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Heights (AH)
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Gardener Expense: 1740.00
  • Parcel Number: 7263006021
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 249.62

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace, Wall Furnace, Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7942.00
  • Lot Size Acres: 0.1820

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 7580.00
  • Gross Scheduled Income: 90960.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7942.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 61980.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Range: 7
  • Operating Expense: 28980.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 8000.00

Tax Info

  • New Taxes Expense: 15950.00
  • Tax Lot: 4
  • Tax Tract Number: 10464
  • Tax Year: 2012
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2014 10/07/14 Sold $1,310,000 -9.7% $250 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,450,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,740 $1,574,414 $1,081,661 $492,753
2024 $20,807 $1,543,544 $1,060,452 $483,092
2023 $20,444 $1,513,279 $1,039,659 $473,620
2022 $18,981 $1,483,608 $1,019,274 $464,334
2021 $18,586 $1,454,519 $999,289 $455,230
2019 $18,321 $1,411,879 $969,650 $442,229
2018 $17,834 $1,384,206 $950,638 $433,568
2016 $16,403 $1,329,977 $913,725 $416,252
2015 $15,750 $1,310,000 $900,000 $410,000
2014 -- $819,752 $327,899 $491,853
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Ken Trossen

    Equity Brokers

    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Mike Trossen

    Equity Brokers

    (562) 434-6731

    26 Total Sales

    Mike Trossen
    Section Image

  • D

    Buyer's Agent in 2014

    Downey Thomas

    Fleming Realty

    (562) 433-9991

    Downey Thomas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13209313

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

2124 E Bermuda St, Long Beach, CA

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

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