For SaleRisky Deal68 days on market
1140 E Ocean Blvd
1140 E Ocean Blvd, Long Beach, CA 90802, Long Beach, CA 90802
$599,000
Estimate®:$608,300$9,300 Under Market
Listing Price
1140 E Ocean Blvd, Long Beach, CA 90802
Loc: Long Beach, CA
Days Listed
68
Estimate®
$608k
2% Under Valued
Lot Size
1.31 acres
Rent Estimate
$2,018/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Stevenson Elementary School
K-5
0.7 mi away
4
Franklin Classical Middle School
6-8
0.6 mi away
7
Polytechnic High School
9-12
1.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
beachfrontcondominiummid-century modernstucco exteriorresort-styleswimming poolocean viewprivate balconiesmulti-storycoastallandscaped courtyardprime locationspacious floor plangated community
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.76%
Total ROI
-2.9%
Cash Flow
$-2,229/mo
DSCR
0.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,229/mo net cash flow with a 1.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Long Beach, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Price change | $599,000 | $842 |
| 2026-08-17 | Listed for sale | $619,000 | $871 |
| 2026-07-02 | Listing removed | $619,000 | $871 |
| 2026-06-17 | Listing removed | $619,000 | $871 |
| 2026-06-03 | Listed for sale | $619,000 | $871 |
| 2021-01-28 | Listing removed | $0 | – |
| 2021-01-13 | Listed for rent | $2,075 | $3 |
| 2019-08-14 | Listing removed | $2,500 | $4 |
| 2019-07-08 | Listed for rent | $2,500 | $4 |
| 2018-09-24 | Sold | $451,000 | $634 |
| 2018-08-27 | Pending sale | $450,000 | $633 |
| 2018-08-22 | Listed for sale | $450,000 | $633 |
| 2018-05-19 | Listing removed | $359,978 | $506 |
| 2018-05-04 | Listed for sale | $0 | – |
| 2018-04-25 | Listing removed | $2,250 | $3 |
| 2018-02-25 | Listed for rent | $2,250 | $3 |
| 2012-02-12 | Listing removed | $1,350 | $2 |
| 2011-11-13 | Listed for rent | $1,350 | $2 |
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