Deal numbers
- Est. cap rate
- 1.3%
- Assumed rent, all units
- $7,580/mo
- Units
- 2
- Price per unit
- $1,747,500
- Est. annual NOI
- $45,480
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $86,412
- Operating expenses
- $43,206
- Net operating income
- $43,206
- Annual debt service
- $209,271
- Annual cash flow
- -$166,065
- Cash on cash return
- -19.0%
- Down payment
- $873,750
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Building size
- 2,836 sqft
- Lot size
- 2,537 sqft
- Year built
- 1955
- Stories
- 2
- Garage spaces
- 2
- Heating
- Central
- Cooling
- None
- Pool
- None
- View
- Coastline,Ocean,Catalina,Water
- Status
- Active
- Days on market
- 3
- MLS #
- 245264464
About this property
Presenting a rare oceanfront opportunity on the coveted ocean side of the Peninsula. Situated directly on the beach with no public boardwalk between the residence and the sand, 6911 E Seaside Walk offers a level of privacy and ocean proximity that few properties in Long Beach can match. This exceptional duplex features a spacious main house with 3 bedrooms and 2 bathrooms, thoughtfully positioned to capture panoramic views of the Pacific, Catalina Island, and dazzling sunsets year round. A separate 1 bedroom, 1 bathroom unit sits above the oversized 2 car garage, ideal for extended family, guests, or income potential. Step from your living room onto the sand and enjoy true beachfront living with paddleboarding, kite surfing, and coastal strolls just outside your door. Whether held as a legacy beach home, an owner occupied residence with rental income, or a premier investment, this property represents one of the Peninsula's most sought after positions. Opportunities to own directly on the sand are exceedingly rare. This is coastal living at its finest.
Location
6911 E Seaside
Long Beach, Los Angeles, CA, 90803