489 E 55th St East, Long Beach, CA 90805

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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489 E 55th St East,Long Beach, CA 90805
$1,499,995
Virtual Tour
  • 9 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lucca t grassi
Office:compass
MLS#:250030572
Source:SANDICOR

Price summary

  • Price:$1,499,995

About this home

Turn Key 4 Unit Investment Opportunity in North Long Beach! Don’t miss this exceptional opportunity to own a fully occupied, income producing 4 unit property in the heart of North Long Beach. This well maintained complex features one spacious 3 bedroom, 2 bath unit and three 2 bedroom, 1 bath units, making it ideal for both seasoned investors and owner-occupants seeking rental income. Each unit includes its own single car detached garage, while the 3 bedroom unit offers a 2 car detached garage. The property also includes on site coin operated laundry, providing convenient additional revenue. (Potential to convert garages into additional units!) This is a true turn key investment with strong existing cash flow and minimal maintenance required. Live in one unit and rent out the others, or add this solid asset to your rental portfolio. Please do not disturb tenants. All offers subject to interior inspection.

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Home facts

  • Year built:1965
  • Listing Id #:250030572
  • Added:61 day(s) ago
  • Updated:August 14, 2025 at 01:56 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Full bathrooms:5

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Tile/Clay
  • Year built:1965

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,499,995
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