100 Atlantic Ave APT 902, Long Beach, CA, 90802 | 6.38% Rental Yield

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100 Atlantic Ave APT 902, Long Beach, CA, 90802 | 6.38% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Long Beach at 100 Atlantic Ave APT 902, Long Beach, CA, 90802 listed at $425,000 pairs $2,258/mo rent with a $2,080/mo payment. Total monthly income runs $2,258/mo. Return on cash invested measures 16.75% in year one, and rental yield registers 6.38% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 85.92% and total cumulative return in cash totals $121,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1958

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Located in the iconic Royal Palms building in the heart of Downtown Long Beach, this stylish 1-bedroom, 1-bathroom condo offers 600 sq. ft. of modern living with sweeping Cityscape and skyline views that dazzle both day and night. The bright, open living and dining areas feature wall-to-wall windows and laminate flooring throughout, while the updated kitchen showcases stone countertops, glass tile backsplash, and included appliances. This all-electric unit (no gas) provides comfortable and efficient living, complemented by the convenience of a secure building with professional management, staffed lobby office, 24-hour camera surveillance, swimming pool, and onsite community laundry. The monthly HOA covers water, trash, sewer, and more, making this a worry-free lifestyle. Enjoy being just steps away from a grocery store, top-rated restaurants, coffee shops, bakeries, and breweries, plus only minutes from the beach, The Pike, Shoreline Village, the Aquarium of the Pacific, the Queen Mary, and the Convention Center. Whether as your full-time residence or an investment, this condo combines mid-century charm, modern amenities, and an unbeatable location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,306 (100%)
Owner Occupied HU	4,625 (17.6%)
Renter Occupied HU	19,014 (72.3%)
Vacant Housing Units	2,667 (10.1%)
Median Home Value	$758,455
Average Home Value	$819,112