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

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For Sale

$1,499,995

9 beds • 5 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 250030572

Courtesy Of Compass

(858) 345-4514

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres
  • Roof Type
    Tile

Map and Directions

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

Home seller CENTURY 21 Allstars

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Allstars

(562) 863-2121
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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