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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Long Beach at 1045 E 3rd St APT 2, Long Beach, CA, 90802 earns from $3,426/mo rent with a $2,349/mo payment. Total monthly income totals $3,426/mo. ROI tracks 19.77% on current figures, and rental yield reads 8.57% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 103.43% and total cumulative return in cash sums $164,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,426/mo property income instead of your personal income.
Condo
Built in 1980
8,280 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.
| 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 |
Residential
24,092
Single Family
4,920
Multi-Family
19,172
Businesses
1,599
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Price change | $480,000 |
| 2025-02-27 | Price change | $488,000 |
| 2025-02-06 | Price change | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $5696.33 | 1.71% | $437,150 | 2.00% |
| 2023-05-13 | $5600.73 | 6.55% | $428,579 | 2.00% |
| 2022-05-13 | $5256.64 | 2.01% | $420,176 | 2.00% |
Listed by: Melissa Westfall • Opendoor Brokerage Inc.
Mls Name: CLAW
Mls Provider:
Mls ID: #24-398755
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-05-13 02:43:53 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
