Sold 11/18/16

401 E 55th St
Long Beach, CA 90805

Bd   Ba   3,782 Sqft   46 Days
Six units-one 2 bedroom one bath-5 one bedroom one bath units-Good bread and butter units-Great starter units for an investor-Two garages-one has the common laundry with leased washer and dryer-other garage is rented month to month at $75/mo-Large parking lot -Long time owners -Room to increase rents-This area is always in high demand. One owner is a real estate licensee. All income analysis is from 2015.
  • MLS#SB16713778 provided by Alan Stassi of Pierside Realty
  • Movoto last checked CRMLS for new data 53 minutes ago
  • CRMLS last updated this listing 10 months ago

Home Features for 401 E 55th Street, Long Beach

Year Built: 1963
Lot Size Acres: 0.1
Lot Size Square Feet: 4371
Lot Size Units: Square Feet
Lot Size Area: 4371
Price Per Square Foot: 153.36
Tax Lot: 878-
Tax Tract Number: 5134
New Taxes Expense: 7410
Parcel Number: 7127024019
Tax Census Tract: 5703.04
Special Listing Conditions: Standard
Standard Status: Closed
Levels: Two
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 1
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 3782
Parking Features: Uncovered
Parking Total: 6
Garage Spaces: 6
Number Of Units Total: 12
Property Attached Y/N: 1
Amenities / Utilities
Water Sewer Expense: 2885
Appliances: Water Heater Central
Community Features: Urban
Pool Features: None
Subdivision Name Other: North Long Beach (NLB)
Subdivision Name: North Long Beach (NLB)
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Property History for 401 E 55th Street, Long Beach

Nov 18, 2016
Oct 6, 2016
(Under Contract)
Oct 6, 2016
Oct 3, 2016

Real Estate Market Statistics for 401 E 55th Street, Long Beach

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401 E 55th St in 90805 was last listed for $580,000. As of today, , this is 6% below the current median price of $620,000 for the city of Long Beach, CA and 22% above the median of $474,950 for ZIP code 90805. Right now, there are 50 properties for sale in 90805 and 453 properties listed for sale in Long Beach. Those 453 properties are made up of 296 single family homes and 157 condos. The square footage of 401 E 55th St is approximately 3,782, which is 165% above the median size of 1,428 square feet in Long Beach and 178% above the median size of 1,361 Sqft in ZIP code 90805. This property's price per Sqft was $153, which is 56% below the current $345 median in 90805 and 65% below the $442 Long Beach median.
Built in 1963, this multi family house at 401 E 55th St, Long Beach CA, 90805 is approximately 3,782 square feet and comes with 6 parking spots. It was last listed $580,000 with a cost per Sqft of $153. 401 E 55th St is located in the Dairy neighborhood in the Long Beach Unified School District. The closest school is Addams Elementary School.

401 E 55th St, Long Beach CA, 90805 was on the market for 46 days. The median days on the market for properties in this area is 36 with a median list price of $620,000 and median cost per square foot of $442. Its current status is sold under the MLS #SB16713778.

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