323 Empire Landing
About This Property
Welcome to Spinnaker Bay, one of Long Beach's premier resort-style communities.
This exceptional home includes a 28' DEEDED BOAT SLIP providing direct access to the Alamitos Bay waterways. This beautifully appointed 4-bedroom, 3-bath home includes a convenient DOWNSTAIRS BEDROOM and ¾ bath. Upstairs, the expansive primary suite feels like a private retreat, featuring a versatile loft with custom built-ins...ideal as a workspace, reading nook, or quiet getaway.
From the rich wood flooring to the cozy fireplace anchoring the spacious family room, this home blends timeless elegance with modern comfort. The open-concept layout flows seamlessly into a private patio that backs to a serene greenbelt and features a built-in BBQ, perfect for relaxing or entertaining.
Homes like this are rarely available in Spinnaker Bay. This is a must see!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by Coldwell Banker Realty | $2,450,000 | |
| Listed by Coldwell Banker Realty | |||
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About SEADIP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017