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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 : Residential Income

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

  • Bathroom Information

    Total Baths: 0
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1965
  • Fencing

    Partial

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.17
  • Lot Size Source: Public Records Lot Size Square Feet: 7405

  • Listing Price Information

    Original List Price: 1,499,000 Listing Contract Date: 2026-03-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7127024037

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: CrossStreet: Linden Ave Zoning: LBR1N Source Property Type: Residential Income
  • Building and Construction

    Property Age: 61 Year Built Source: Vendor Enhanced Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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6773 Curtis, Long Beach, CA, 90805 $699,500 2 2 1,100 1,100 SqFt
5450 N Paramount #169, Long Beach, CA, 90805 $135,000 3 2 1,344 1,344 SqFt
5450 N Paramount Boulev.., Long Beach, CA, 90805 $130,000 3 2 960 960 SqFt
5500 Ackerfield #412, Long Beach, CA, 90805 $335,000 2 1 876 876 SqFt
5500 Ackerfield Avenue .., Long Beach, CA, 90805 $399,000 3 2 1,072 1,072 SqFt
1656 E 63rd, Long Beach, CA, 90805 $849,000 3 2 1,526 1,526 SqFt
1615 E 59th Street, Long Beach, CA, 90805 $819,000 3 2 1,338 1,338 SqFt
6042 Gundry Avenue, Long Beach, CA, 90805 $750,000 2 1 956 956 SqFt

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ByOwner last updated this listing 04/07/2026 @ 00:50

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

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