Est. cap rate

1.9%

Assumed rent, all units

$7,580/mo

Units

2

Price per unit

$1,187,500

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.

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

4

Building size

2,366 sqft

Lot size

2,511 sqft

Year built

1963

Stories

2

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

View

Coastline,Ocean,Marina,Water

Status

Active

Days on market

0

MLS #

247942871

About this property

Exceptional coastal duplex just steps from both the bay and the ocean, offering sparkling water views that will never be blocked. Each unit features 2 bedrooms and 2 baths, with additional office space on the second level, creating an ideal opportunity to live in the upper residence while generating income from the lower unit—or enjoy the entire property as a private coastal compound. Extensively remodeled from the ground up, both units were taken down to the studs and upgraded to current earthquake standards with new shear walls. Improvements include all-new plumbing, a new sewer line, new electrical throughout, Milgard dual-pane energy-efficient windows, prewiring for cable and internet, and a 25-year roof. Approximately 170 square feet was added to expand the bedroom and bath areas, and both one-car garages include 220V wiring for EV charging. The second-level kitchen features custom cabinetry, quartz countertops and a custom island with a butcher-block top and additional storage. Outdoor living takes center stage with an expanded front deck perfectly positioned to enjoy both ocean and bay views. Approximately 75 feet of rear decking creates a secluded indoor-outdoor retreat with a pergola—ideal for lounging, dining and entertaining—and is plumbed for a future outdoor kitchen. The upper-level primary suite features a built-in Dimplex fireplace and walk-in closet. The beautifully appointed primary bath offers custom tile flooring, a separate soaking tub, double-sink vanity and fireplace, creating a relaxing private retreat. The lower residence offers an open-concept living and dining area highlighted by a Dimplex fireplace and a wine refrigerator and bar area. The kitchen features quartz countertops, Bosch appliances and a convenient dining peninsula. The primary bath is finished with custom tile, a tub/shower combination and double vanities. A wonderful blend of coastal charm, extensive modern upgrades and income potential in one of Long Beach’s most sought-after waterfront neighborhoods. With the beach and bay just steps away and Long Beach preparing to host major international events, including the 2028 Summer Olympics, this unique duplex offers exceptional flexibility as a primary residence, income property or coastal retreat.

Location

5725 E Ocean

Long Beach, Los Angeles, CA, 90803