473 E 55th Street
Long Beach, CA 90805
5
Bed
3
Bath
6,963Sqft(Lot)
10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Building Information
Year Built: 1962Building Area Total: 7592Pool Features: NonePrivate Pool: No
-
Lot Information
Main Square Feet: 6963 Lot Size Acres: 0.1598 Lot Size Source: Assessor Lot Size Square Feet: 6,963 Lot Description: RectangularLotProperty Information
Subdivision: Poly High (PH) Source Property Type: ResidentialIncome Property SubType: Mixed Use Property Age: 64
-
Listing Price Information
Listing Price: $2925000Cash, CashToNewLoan
-
Tax Information
Parcel Number: 7127024033 Tax Lot: 896
-
Parking Information
Parking Total: 6
-
Location Information
Direction: West of Atlantic East of Elm WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3650 E Poppy, Long Beach, CA, 90805 | $775,000 | 3 | 2 | 1,386 | 1,386 SqFt |
| 6535 Downey, Long Beach, CA, 90805 | $839,900 | 3 | 2 | 1,082 | 1,082 SqFt |
| 6170 Downey Avenue, Long Beach, CA, 90805 | $795,000 | 3 | 2 | 1,386 | 1,386 SqFt |
| 3490 E La Jara Street, Long Beach, CA, 90805 | $935,000 | 4 | 2 | 1,728 | 1,728 SqFt |
| 6271 Coronado, Long Beach, CA, 90805 | $790,000 | 3 | 2 | 1,528 | 1,528 SqFt |
| 6240 Obispo, Long Beach, CA, 90805 | $630,000 | 4 | 2 | 1,249 | 1,249 SqFt |
| 6634 Minnesota, Long Beach, CA, 90805 | $635,000 | 2 | 1 | 816 | 816 SqFt |
| 6639 Rose, Long Beach, CA, 90805 | $770,000 | 2 | 1 | 901 | 901 SqFt |
| 5952 Gaviota, Long Beach, CA, 90805 | $729,900 | 2 | 1 | 960 | 960 SqFt |
| 5832 Gaviota, Long Beach, CA, 90805 | $859,000 | 3 | 2 | 1,590 | 1,590 SqFt |
Similar Homes To 473 E 55th Street
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/27/2026 @ 07:50
More Cities with for Sale by Owner Homes
- Long Beach Homes For Sale By Owner
- Signal Hill Homes For Sale By Owner
- Wilmington Homes For Sale By Owner
- Carson Homes For Sale By Owner
- Lakewood Homes For Sale By Owner
- Rossmoor Homes For Sale By Owner
- Seal Beach Homes For Sale By Owner
- Hawaiian Gardens Homes For Sale By Owner
- Harbor City Homes For Sale By Owner
- San Pedro Homes For Sale By Owner
- Surfside Homes For Sale By Owner
- Los Alamitos Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Lomita Homes For Sale By Owner
- Sunset Beach Homes For Sale By Owner
- Torrance Homes For Sale By Owner
- Bellflower Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Artesia Homes For Sale By Owner
- Cypress Homes For Sale By Owner
Homes around $2,925,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.