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

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
489 E 55th St E,Long Beach, CA 90805
$1,499,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lucca grassi, mark schwartz
Office: compass
MLS#:260007402SD
Source:CRMLS

Price summary

  • Price:$1,499,000

About this home

4 Unit Investment Opportunity in North Long Beach! Don’t miss this exceptional opportunity to own a cash flowing 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 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 #:260007402SD
  • Added:1 day(s) ago
  • Updated:March 31, 2026 at 11:43 AM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1965
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,499,000
Based on information from California Regional Multiple Listing Service, Inc. as of March 31, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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