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Sold on 12/22/2023
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247 E 55th St, Long Beach, CA 90805

$816,000

Last sold 12/22/2023 for $880K

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    bed

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    bath

Multi-family not for sale
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About 247 E 55th St

Property type Multi-family
Neighborhood
Year built 1931
HOA fee $0/month
Lot size 5,809 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
GREAT OPPORTUNITY TO OWN A FULLY REMODELED DUPLEX IN NORTH LONG BEACH! Both of these stunning residencies feature a completely remodeled kitchen with Quartz countertops and tile backsplash. New laminate waterproof flooring throughout both units, all new double glass insulated windows, doors, ceiling fans and lighting fixtures. Front house is a 2-bedroom, 1 bathroom, and the back house is also a 2-bedroom, 1 bathroom with a bonus enclosed patio. The bathrooms were also renovated with beautiful styles. Other amazing features include, a new roof, new garage doors and new garage openers, ductless mini split systems in both units and a new fence at the property entrance. This amazing duplex is in TURN-KEY condition. YOU CAN BUY AS AN INVESTOR OR AS A FIRST-TIME BUYER, LIVE IN ONE AND RENT THE OTHER ONE FOR ADDITIONAL INCOME. The options are unlimited! Centrally located near the 710 & 91 freeways, this one won't last! (Some photos are digitally staged.)
Listed by
Listing Agent - Alexander Salas
Listing Office - Quality Real Estate Corp.
Source: CRMLS mls logo
MLS#PW23210724 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1334
Lot Size (SqFt) 5809
Year Built 1931
Condition Turnkey, Updated/Remodeled
Interior
Flooring Laminate
Exterior
Building Area Square Feet, 1448
Roof Shingle
Parking Driveway, Garage, Garage Faces Side, Garage - Single Door, Garage Door Opener
# Parking Spaces 2
# Garage Spaces 2
Lot Description 0-1 Unit/Acre, Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
County Los Angeles
Community Features Park
Subdivision North Long Beach (NLB), North Long Beach (NLB)
Zoning LBR1N
Directions 710 Freeway South, Exit Long Beach Blvd South, Left On Ellis St, Right Onto Locust Ave, Right Onto E 55th St
APN 7126023015
Multifamily Details
Expense: Trash 720
Operating Expense 14420
Expense: Insurance 1800
Total Expenses 14420
Expense: Water/ Sewer 1400
Gross Income 64800
Gross Scheduled Income 64800
$816K
Range: $636K-$995K
Last 30 days 
Rental est.: $1,518/month
Gross rent multiplier: 48.3
  • Dec 2023
    mls logo MLS # PW23210724
  • Dec 22, 2023 Sold
    $880,000 (+4.9%)
  • Nov 28, 2023 Pending
    —
  • Nov 13, 2023 Listed
    $839,000 (+109.7%)
  • Sep 2023
    mls logo MLS # CV23014523
  • Sep 20, 2023 Sold
    $400,000 (-28.5%)
  • Aug 23, 2023 Pending
    —
  • Feb 8, 2023 Active
    —
  • Jan 27, 2023 Listed
    $559,800
  • Feb 2023
    mls logo MLS # CV23016860
  • Feb 8, 2023 Active
    —
  • Jan 27, 2023 Listed
    $559,800
  • Year Property taxes Tax assessment
  • 2024
    $11,325 +226.9%
    $880,000 +267.86%
  • 2023
    $3,464 +6.1%
    $239,221 +2.0%
  • 2022
    $3,264 +2.3%
    $234,532 +2.0%
  • 2021
    $3,192 +0.3%
    $229,934
  • 2020
    $3,184 +7.1%
    $229,934 +3.06%
  • 2018
    $2,973 +1.1%
    $223,117 +4.04%
  • 2017
    $2,942 +7.6%
    $214,455 +2.0%
  • 2016
    $2,734 +4.0%
    $210,251
  • 2015
    $2,630
    —
  • 247 E 55th St
    $880K
  • Dairy
    $724K +7% y/y
  • 90805
    $685K 0% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Addams Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Lindsey Academy
public Grades 6-8
Long Beach Unified School District
3/10
Jordan High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. 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.
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