1207 Seal Way, Seal Beach, CA 90740
6 beds · 4 baths · 2,108 sqft
Get a free consultation call with an expert in the mortgage assumption process.
A unique investment opportunity like this doesn’t come around often. Located directly on the sand in the highly sought-after coastal community of Seal Beach, this oceanfront duplex offers panoramic, unobstructed views of the Pacific Ocean, Catalina Island, and the Seal Beach Pier. Properties like this—where the sand is your front yard—are exceptionally rare, not just in Seal Beach, but throughout Southern California. This two-unit property presents multiple income-producing possibilities: lease both units for strong rental income, occupy one and rent the other, or create a multi-generational retreat with two private residences. Each unit enjoys immediate beach access, allowing tenants or guests to enjoy the ultimate beachfront lifestyle—morning walks along the shore, afternoons surfing or paddleboarding, and evenings watching the sunset from their own front-row seat. Located just a block from charming Main Street, this property offers a true walkable lifestyle. Tenants will love the proximity to coffee shops, dining, boutiques, and lush parks, all in a friendly, small-town atmosphere that feels worlds away from the crowds—yet is incredibly connected. Seal Beach borders Long Beach and is just minutes from Huntington and Sunset Beach. Easy access to the 405, 605, and 22 freeways ensures consistent rental demand from professionals, beach lovers, and commuters alike. Whether you're an experienced investor looking to add a trophy asset to your portfolio, or a buyer seeking both lifestyle and long-term value, this property delivers. With limited inventory of true oceanfront income properties in California, this is a rare chance to secure a high-demand, high-visibility asset with multiple use options and appreciation potential. Live in one. Rent the other. Hold long-term. The possibilities are as endless as the views.
Source: CRMLS #OC25054286
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #OC25054286
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.