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489 E 55th St E

Long Beach, CA 90805
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Bed 0

Bed

Bath 0

Bath

SqFt7,405

Sqft(Lot)

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 portfol io. Please do not disturb tenants. All offers subject to interior inspection.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,499,000

AD Id : 76631407

MLS Id : 260007402SD

Lot Size : 7,405 Sqft

Year Built : 1965

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1965
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7405 Lot Size Acres: 0.17 Lot Size Source: Public Records Lot Size Square Feet: 7,405

  • Listing Price Information

    Listing Price: $1499000
    Cash, Conventional, Cal Vet Loan, VA Loan

  • Tax Information

    Parcel Number: 7127024037

  • Location Information

    Direction: CrossStreet: Linden Ave
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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
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
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
5832 Gaviota, Long Beach, CA, 90805 $859,000 3 2 1,590 1,590 SqFt
1651 E South, Long Beach, CA, 90805 $1,295,888 -- -- 3,480 3,480 SqFt
6160 Gundry, Long Beach, CA, 90805 $995,000 -- -- 1,977 1,977 SqFt
6160 Gundry, Long Beach, CA, 90805 $995,000 2 1 777 777 SqFt

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 07/22/2026 @ 22:01

MLS: 260007402SD LISTED BY: Lucca Grassi, Compass 858-345-4514 SOURCE: CRMLS

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