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489 E 55th St East, Long Beach, CA 90805

Long Beach
Local realty services provided by:CENTURY 21 Masters
489 E 55th St East,Long Beach, CA 90805
$1,499,000
Virtual Tour
  • 9 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lucca t grassi, mark j schwartz
Office: compass
MLS#:260007402
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,499,000

About this home

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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Home facts

  • Year built:1965
  • Listing ID #:260007402
  • Added:118 day(s) ago
  • Updated:July 27, 2026 at 01:56 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Full bathrooms:5

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Tile/Clay
  • Year built:1965
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,499,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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