- 9 Beds
- 5 Baths
- .17 Acres
- 34 DOM
489 E 55th St East
Turn Key 4 Unit Investment Opportunity in North Long Beach! Don’t miss this exceptional opportunity to own a fully occupied, income producing 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 true turn key 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.
Essential Information
- MLS® #250030572
- Price$1,499,995
- Bedrooms9
- Bathrooms5.00
- Acres0.17
- Year Built1965
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address489 E 55th St East
- AreaLONG BEACH (90805)
- SubdivisionLong Beach
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90805
Amenities
- UtilitiesSewer Connected
- Has PoolYes
Interior
- HeatingForced Air Unit
- CoolingWall/Window
- FireplaceYes
- Stories2 Story
Exterior
- RoofTile/Clay
- ConstructionStucco
Additional Information
- Date ListedJune 13th, 2025
- Days on Market34
- ZoningLBR1N
Listing Details
- OfficeCompass
Compass.
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Listing information last updated on July 21st, 2025 at 4:45am PDT.