This prominently located 1980's multifamily property features very large, townhouse-style units with oversized balconies or patios for every unit and excellent on-site parking. The Property offers investors an incredible value-add opportunity. With rents approximately 40% below projected market rents, an investor can implement a strategic interior and exterior renovation program to capture the strong market rents being achieved for luxury rentals in the immediate neighborhood. In addition, an investor can look into the potential to create ADU's in the parking areas. The property has remote-controlled garage parking for 9 cars as well as a 10th uncovered parking space, all of which are generating income. There are two additional parking garages that are currently rented out for storage. The property also features secured entry at the front and back, as well as a laundry room. It is separately metered for gas and electricity.

Based on information submitted to CRMLS as of October 15, 2024 5:51 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Name

Your Email Address

Phone

Message Send me the deed for 2203 E Bermuda Street Long Beach CA 90814 (ID#:23340513)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 2203 E Bermuda Street Long Beach CA 90814 (ID#:23340513)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 2203 E Bermuda Street Long Beach CA 90814 (ID#:23340513)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details of 2203 E Bermuda Street

Property Details

Property Details

Basic Information

Interior Features

Interior Features

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

Bridge Multifamily Team

Listing Tools

Hi there! How can we help you?

Property Details of 2203 E Bermuda Street

Property Details

Property Details

Basic Information

Interior Features

Interior Features

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Bridge Multifamily Team