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

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Champions
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: compass858-345-4514
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:57 day(s) ago
  • Updated:May 27, 2026 at 10:30 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
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