Property Details
1401 N Ocean Beach Boulevard #A & B
Long Beach, WA 98631
$679,900
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Property Overview
Duplex Investment a Very Short Walk to Beach Access This well-maintained newer construction duplex offers an excellent investment opportunity just a very short walk to beach access. The property features two 2-bedroom, 2-bath units, both currently occupied, providing immediate rental income and strong long-term potential. Each unit offers a comfortable, functional layout designed for easy coastal living and strong rental appeal. The duplex configuration provides privacy between units while remaining low-maintenance for owners. The property is also only minutes from downtown Long Beach, where you'll find local shops, restaurants, and popular coastal attractions. Whether you're looking to expand your investment portfolio or secure a coastal property with income already in place, this duplex checks the boxes. Opportunities like this—don’t come around often.
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
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
Location
City
Long Beach
County
Pacific
Coordinates
46.36140, -124.05493
Additional Information
Tax Year
2026
Annual Taxes
$3,549
Possession
Array
