Updated Condo in Prime
For Sale
$470,000
1100 Euclid Avenue #104 Long, Long Beach, CA 90804
Updated 2-bedroom, 1-bath condo in Long Beach.
Property Size820 SF
Lot Size0.87 Acres
Days on Market416
Property Features for 1100 Euclid Avenue #104 Long
General Information
Standard status
Active
Size
820 SF
Lot size
0.87 Acres
Property subtype
Condominium
Amenities
Fireplace
Central Air
Central
Dishwasher
Building Details
Building Size
820 SF
Year Built
1985
Stories
1
Listing Agency:
Long Beach Pacific Estates
Listed By:
Gisselle Renteria · License #02206057
(562) 844-5166
Source:
Kw
Added: Jul 17, 2025
Changed: Aug 27
Last Checked: Sep 4 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long Beach Pacific Estates
Investment Insights
Based on property information with market context.
This updated condo features 2 bedrooms and 1 bathroom in Long Beach. The home offers modern convenience and is move-in ready. It features a spacious, open-concept living area with newer flooring, fresh paint, and a fireplace. The renovated kitchen includes sleek finishes and stainless steel appliances, including a washer, dryer, and stove. The updated bathroom features modern fixtures. Smart light switches and upgrades add a tech-savvy edge. The unit is located in a well-maintained community and is just minutes from restaurants, shopping, grocery stores, and cafes.
Key Highlights
- Move‑in ready condition with modern updates throughout.
- Renovated kitchen with sleek finishes and stainless steel appliances.
- Prime Long Beach location, close to restaurants, shopping, and cafes.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,681
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$313,620
$313.6K
Cap Rate 7%
$224,014
$224.0K
Cap Rate 9%
$174,233
$174.2K
Market Conditions
NOI Build-Up for 820 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.0K $36.60/SF
− Vacancy
−$1.5K −$1.83/SF
EGI
$28.5K $34.77/SF
− OpEx
−$12.8K −$15.65/SF
NOI
$15.7K $19.12/SF
Area
Long Beach, CA
Vacancy
5.00%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$313,620
Cap Rate 7%
$224,014
Cap Rate 9%
$174,233
Alternative Uses
Best Use
Apartment 5plus
$224.0K
$196.0K – $261.4K
NOI $15,681 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.0K
$384.2K – $512.2K
NOI $30,732 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,143
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2-bedroom, 1-bath condo in Long Beach.
Where is this apartment building located?
The property is located at 1100 Euclid Avenue #104 Long Long Beach, CA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Move‑in ready condition with modern updates throughout.; Renovated kitchen with sleek finishes and stainless steel appliances.; Prime Long Beach location, close to restaurants, shopping, and cafes.
