1200 E Ocean Blvd APT 52Long BeachCA90802
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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
Investment Highlights
Investment property for sale in Long Beach at 1200 E Ocean Blvd APT 52, Long Beach, CA, 90802 earns from $3,914/mo rent with a $5,849/mo payment. Total monthly income totals $3,914/mo. ROI tracks 9.59% on current figures, and rental yield reads 3.93% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 47.4% and total cumulative return in cash sums $183,530. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,914/mo property income instead of your personal income.
Condo
Built in 1958
0.66 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
24,092
Single Family
4,920
Multi-Family
19,172
Businesses
1,599
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Listed by: Andrew Moore • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NP25259264