489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
28
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$1,499,000
Est. payment /mo
7,405 Sqft Lot
Active

489 E 55th St E Long Beach, CA 90805

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260007402SD

HOA Y/N No

Year Built 1965

Lot Size 7,405 Sqft

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.

Location

State CA

County Los Angeles

Building/Complex Name Long Beach

Zoning LBR1N

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence Partial

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 7127024037

Acceptable Financing Cash, Conventional, Cal Vet Loan, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250030572


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Listed by Lucca Grassi Compass #02148104

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2026 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 

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489 E 55th St E