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Sold on 07/01/2024
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59 E 55th St, Long Beach, CA 90805

$825,000

Last sold 07/01/2024 for $725K

  • —

    bed

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    bath

Multi-family not for sale
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About 59 E 55th St

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 5,768 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Ideal Investment Opportunity! This desirable duplex is located in a strong rental market close to DeForest Park and freeway access. Both units are 2 bedroom, 1 bath featuring vinyl windows, indoor laundry, yard space, 1-car garage and upgraded electrical panels. Back unit is well-maintained and shows nicely. Drive by only.
Listed by
Listing Agent - Granger Riach
Listing Agent Contact: 562-400-3346
Listing Office - Y Realty
Source: CRMLS mls logo
MLS#PW24077290 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1324
Lot Size (SqFt) 5768
Year Built 1948
Interior
Laundry Inside
Flooring Carpet
Appliances Gas Range
Exterior
Building Area Square Feet, 1507
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Lot Description Front Yard, Lawn, Walkstreet
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision North Long Beach (NLB), North Long Beach (NLB)
Zoning LBR1N
Directions Cross Street: Atlantic & 55th Street
APN 7126026027
Multifamily Details
$825K
Range: $643K-$1M
Last 30 days 
Rental est.: $1,518/month
Gross rent multiplier: 39.8
  • Jul 2024
    mls logo MLS # PW24077290
  • Jul 1, 2024 Sold
    $725,000
  • May 17, 2024 Active
    —
  • May 13, 2024 Listed
    —
  • May 9, 2024 Active
    —
  • Apr 18, 2024 Listed
    $719,000
  • Jul 2024
    Public Records
  • Jul 1, 2024 Sold
    $725,000 (+0.8%)
  • Year Property taxes Tax assessment
  • 2024
    $1,344 +1.9%
    $69,227 +2.0%
  • 2023
    $1,320 +5.2%
    $67,870 +2.0%
  • 2022
    $1,254 +3.0%
    $66,540 +2.0%
  • 2021
    $1,217 +0.3%
    $65,236 +1.03%
  • 2020
    $1,214 +11.9%
    $64,568 +2.0%
  • 2018
    $1,085 +1.1%
    $63,303 +4.04%
  • 2017
    $1,074 +7.8%
    $60,847 +2.0%
  • 2016
    $996 +3.4%
    $59,655
  • 2015
    $963
    —
  • 59 E 55th St
    $725K
  • 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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