1030 E Ocean Blvd UNIT 403, Long Beach, CA, 90802 | $378/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1030 E Ocean Blvd UNIT 403, Long Beach, CA, 90802 | $378/mo Cash Flow | Ziffy

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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 1030 E Ocean Blvd UNIT 403, Long Beach, CA, 90802 listed at $274,900 pairs $2,078/mo rent with a $1,346/mo payment to leave $378/mo cash flow. Total monthly income runs $2,078/mo, and annual cash flow reaches $4,535/yr on $91,129 cash to close. Return on cash invested measures 24.89% in year one, and rental yield registers 9.07% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 129.53% and total cumulative return in cash totals $118,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,078/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1922

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Back on the market! Dont miss your second chance! Welcome to the iconic St. Regisan oceanfront, historic building offering timeless charm and unbeatable coastal access. This northeast corner studio offers extra square footage and abundant natural light from windows on two sides. Enjoy partial ocean and bike path views along with a west-facing cityscape stretching toward Ocean Boulevard and Alamitos Avenue. Inside, you'll find hardwood floors, detailed tile work, high ceilings, and a generous walk-in closetspacious enough to consider as a small sleeping nook or creative flex space. Residents enjoy secured entry, elevator access, oceanfront common areas including a patio and barbecue deck, and all basic utilities included in the HOA dues. The building also features a large community laundry room located in the basement, secure bike storage, and assigned storage lockers. Just steps to the sand and beach path, and a short stroll to Shoreline Village, Alamitos Beach, and the shops and restaurants of Downtown Long Beach. Convenient access to the Metro makes getting around a breeze. An ideal opportunity to own in a one-of-a-kind coastal communitydont miss your chance to call the St. Regis home.

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