Properties

Long Beach, CA 90805 489 E 55th St E

489 E 55th St E Long Beach, CA - Image 1489 E 55th St E Long Beach, CA - Image 2489 E 55th St E Long Beach, CA - Image 3
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489 E 55th St E Long Beach, CA - Image 4489 E 55th St E Long Beach, CA - Image 5489 E 55th St E Long Beach, CA - Image 6489 E 55th St E Long Beach, CA - Image 7489 E 55th St E Long Beach, CA - Image 8489 E 55th St E Long Beach, CA - Image 9489 E 55th St E Long Beach, CA - Image 10489 E 55th St E Long Beach, CA - Image 11489 E 55th St E Long Beach, CA - Image 12489 E 55th St E Long Beach, CA - Image 13489 E 55th St E Long Beach, CA - Image 14489 E 55th St E Long Beach, CA - Image 15489 E 55th St E Long Beach, CA - Image 16489 E 55th St E Long Beach, CA - Image 17489 E 55th St E Long Beach, CA - Image 18489 E 55th St E Long Beach, CA - Image 19489 E 55th St E Long Beach, CA - Image 20489 E 55th St E Long Beach, CA - Image 21489 E 55th St E Long Beach, CA - Image 22489 E 55th St E Long Beach, CA - Image 23489 E 55th St E Long Beach, CA - Image 24489 E 55th St E Long Beach, CA - Image 25489 E 55th St E Long Beach, CA - Image 26489 E 55th St E Long Beach, CA - Image 27
Presented By: Lucca Grassi with Compass;
  • MLS# 260007402SD
  • 03/30/2026
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  • Baths • 1

Home Details

4 Unit Investment Opportunity in North Long Beach! Donโ€™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.
Presented By: Lucca Grassi with Compass;

Interior Features for 489 E 55th St E

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 489 E 55th St E

Cap Rate6.36
CityLong Beach
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsCrossStreet: Linden Ave
HOA Fee$
HeatingForced Air
LevelsTwo
Listing TermsCash, Conventional, Cal Vet Loan, VA Loan
Lot Size Square Feet7405
Lot Size UnitsSquare Feet
Net Operating Income95347
Number Of Units Total4
PostalCityLONG BEACH
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Virtual TourClick here
Year Built1965
ZoningLBR1N

Exterior for 489 E 55th St E

FencingPartial
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourcePublic Records
Number of Buildings1
Park NameLong Beach
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,499,000
MLS#260007402SD
List Date 03/30/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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