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489 E 55th St, Long Beach, CA 90805

  • $1,499,000

    •

  • 9

    bed

  • 5

    bath

Multi-family for sale 108 days
Movoto is helping 68 homebuyers near you

About 489 E 55th St

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Property description
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.
Listed by
Listing Agent - Lucca T Grassi
Listing Agent Contact: 858-345-4514
Listing Office - Compass
Source: San Diego MLS mls logo
MLS#260007402 • last updated 3 months ago
Movoto checked San Diego MLS for data 5 minutes ago
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Overview
Cooling/AC Wall/Window
Heating Forced Air Unit
Levels/Style 2 Story
Virtual Tour External Link
MLS # 260007402
Type Residential Income
Status ACTIVE
SubType Res Income 2-4 Units
Lot Size (Acres) 0.17
Year Built 1965
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Bedrooms 9
Exterior
Roof Tile/Clay
Fencing Partial
Amenities / Utilities
Utilities Sewer Connected
Location
Subdivision North Long Beach (NLB)
APN 7127-024-037
Zoning LBR1N
Multifamily Details
Total # of Buildings 1
Total # of Units 4
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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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