2104 E Florida Street $4,250,000


    2104 E Florida Street Long Beach, CA 90814

    • 0 Beds
    • 0 Baths
    • 6,094 sq. ft.
    • Multi-Family
    • MLS# PW20222571
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    Views: 151 Days On Market: 126

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    Property Details

    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.

    • General Features
      • Number Of Separate Water Meters 1
      • Number Of Separate Electric Meters 12
      • Number Of Separate Gas Meters 11
      • Number Of Units Total 11
      • Year Built 1948
      • Subdivision Name Alamitos Beach (AB)
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Community Features Sidewalks,Urban
    • Building Features
      • Laundry Features Inside
      • Levels Two
    • Property Features
      • Lot Size Acres 0.14
      • Lot Features 11-15 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 4.00


    Matt  Cox

    Matt Cox

    Global Real Estate Advisor

    DRE# 02076282


    Mobile Phone: 903-815-3088


    90814 (Long Beach) Demographics

    37 Median Age
    13,845 Population Density (per sq. mile)
    57% College Educated
    $61,093 Estimated Median Income
    2,969 Estimated Total Home Owners
    6,073 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    18,760 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $810,000 Median Sales Price
    14 Homes Sold
    15 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,250,000
        10/23/2020 8:36:00 PM New in Database Source New Value: $4,250,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 2/26/2021 7:37:13 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.