489 E 55th St, Long Beach, CA 90805 | For Sale

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For Sale $1,499,000

$1,499,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 7,405 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,499,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1965
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 7127024037
MLS # 260007402SD
Property ID 322713303
Lot Sqft 7,405
Zoning LBR1N
Total Units 4
Days on Market 40
Original List Price $1,499,000
Date Updated March 31, 2026
Date Created March 30, 2026
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Listing Provided By

Lucca Grassi an agent of Compass. Lic #02148104


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 31, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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