Property Details

1401 N Ocean Beach Boulevard #A & B
Long Beach, WA 98631
$679,900
MLS# 2483383 courtesy of NWMLS Listing firm: Realty One Group Pacifica

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1401 N Ocean Beach Boulevard #A & B, Long Beach, WA 98631, Long Beach

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1401 N Ocean Beach Boulevard #A & B, Long Beach, WA 98631, Long Beach

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Multi-Family
Property Type
2,288
Bldg Sq Ft
2
Units
6.00%
Cap Rate
2019
Year Built

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
Listed By
Darcy Wills
Realty One Group Pacifica

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