Property Details
1401 N Ocean Beach Boulevard #A & B
Long Beach, WA 98631
$649,999
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Property Overview
Coastal duplex investment opportunity just steps from the beach! Built in 2019, this well-maintained duplex offers the perfect combination of income potential and coastal living. Each unit features 2 bedrooms, 2 bathrooms, modern finishes, ductless mini-split heating and cooling, private living spaces, and attached garage parking. Situated on a spacious corner lot just a short walk from beach access, the property is also minutes from downtown Long Beach's shops, restaurants, festivals, and year-round attractions. Whether you're looking to expand your investment portfolio, purchase a vacation property with income potential, or occupy one unit while generating rental income from the other, this property offers exceptional flexibility. Currently generating strong rental income with one unit available for easier viewing. Ample parking, low-maintenance construction, and a highly desirable location make this a standout opportunity on the Washington Coast. VA ASSUMABLE LOAN FOR POTENTIONAL QUALIFIED BUYER WHO WANTS TO OCCUPY VACANT UNIT A!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pacific
Neighborhood
Long Beach
Listed
Mar 11, 2026
Original Price
$750,000
Structure Type
Duplex
Parcel Number
73030000105
Tax & HOA
Annual Property Tax
$3,549 (2026)
Est. Monthly Tax
$296/mo
Financial Summary
Cap Rate
6.00%
Net Operating Income
$45,015
Gross Scheduled Income
$50,400
Gross Rent Multiplier
14.90
Total Expenses
$5,384
Building & Use
Building Sq Ft
2,288
Leasable Area
2,288 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,019 sqft
Year Built
2019
Exterior & Lot
Lot Size
0.23 sqft
Year Built
2019
Garage
4 spaces
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Cement Planked
Community & Access
Directions
Pacific Way, left on 14th Street, Property is on corner of 14th and Ocean Beach Blvd.
Location
City
Long Beach
County
Pacific
Coordinates
46.36140, -124.05493
Additional Information
Tax Year
2026
Annual Taxes
$3,549
Possession
Array
