525 E Seaside Way UNIT 2202, Long Beach, CA, 90802 | 7.1% Rental Yield

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525 E Seaside Way UNIT 2202, Long Beach, CA, 90802 | 7.1% 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

Rental property for sale in Long Beach at 525 E Seaside Way UNIT 2202, Long Beach, CA, 90802 generates $2,951/mo in rent, after a $2,442/mo payment. Total monthly income is $2,951/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 7.1% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 97.57% and total cumulative return in cash sums $161,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,951/mo property income rather than buyer’s personal income.

Condo

Built in 1990

0.93 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover HarborPlace Tower a high-rise sanctuary offering breathtaking panoramic views of the Pacific Ocean, sparkling city lights, and the iconic Queen Mary. This prestigious tower in the heart of downtown Long Beach seamlessly blends coastal tranquility with vibrant city living. Located on the 22nd floor just below the penthouse, this light-filled one-bedroom, one-bath end unit features unobstructed city views, in-unit laundry, and two tandem parking spaces (#161 & #162 on P3). Enjoy resort-style amenities including a pool, spa, saunas, fitness center, conference room, and a stunning common area patio the perfect spot to take in the Acura Grand Prix of Long Beach, one of the city's most thrilling annual events. Residents also benefit from secure package lockers, upscale lobbies, 24-hour security, on-site management, and 80 guest parking spaces. Situated just steps from Shoreline Village, Rainbow Lagoon, the Terrace Theater, Pike Outlets, and a vibrant dining scene, this location also places you in the heart of Long Beach's cultural calendar. Enjoy major waterfront festivals like Cali Vibes, Day Trip, Love Long Beach, and the Long Beach Jazz Festival, all just minutes from home. Schedule your tour today and experience the ultimate blend of beachside serenity and urban energy.

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