2300 Gale AveLong BeachCA90810
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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
Rental property for sale in Long Beach at 2300 Gale Ave, Long Beach, CA, 90810 generates $5,375/mo in rent and, after a $3,720/mo payment, leaves $673/mo in cash flow. Total monthly income is $5,375/mo, and annual cash flow is $8,080/yr on $250,040 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 8.49% on a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,974 over five years. Five-year ROI reaches 120.95% and total cumulative return in cash sums $302,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
5,039 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 90810, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,657 (100%) |
| Owner Occupied HU | 5,681 (53.3%) |
| Renter Occupied HU | 4,644 (43.6%) |
| Vacant Housing Units | 332 ( 3.1%) |
| Median Home Value | $610,758 |
| Average Home Value | $610,312 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
8,627
Multi-Family
1,491
Businesses
810
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-20 | Sold | $760,000 |
| 2025-09-04 | Pending sale | $750,000 |
| 2025-08-29 | Listed for sale | $750,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $3392.98 | 1.78% | $246,571 | 2.00% |
| 2023-10-26 | $3333.60 | 6.27% | $241,738 | 2.00% |
| 2022-10-26 | $3137.04 | 2.34% | $236,999 | 2.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1949
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,559 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: None
- Flooring: N/A
- Interior Features: All Bedrooms Down
- Exterior Features: N/A
- Parking Features: Garage - Attached
Location
- City: Long Beach
- State: CA
- Subdivision: Westside Shore Acre Tract No. 2
- Lot Size: 5,039 sqft
- Lot Features: 0-1 Unit/Acre, Corner Lot, Sprinkler System
- View: None
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Garfield
- Middle School: N/A
- High School: N/A
Listed by: Thomas Rios • THOMAS RIOS, BROKER
Mls Name: CRMLS
Mls Provider:
Mls ID: #CV25195095
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-25 21:26:01 PDT and /or other sources. 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