$1,499,000

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

  • 9 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
March 30, 2026
Data Last Updated:
May 20, 2026 at 5:11AM
Listing Office:
Compass : 858-345-4514
Listing Agent:
Lucca T Grassi : 619-301-3416
MLS ID:
260007402
  • A/C: Wall/Window
  • Heating: Forced Air Unit
  • Roofing: Tile/Clay
  • General: Stucco2 Story
  • HOA Amenities: 0.0
  • Originating MLS: SDMLS
  • County: Los Angeles
  • Zoning: LBR1N7127-024-037
  • Fencing: Partial
  • Utilities: Sewer Connected
  • Source: SDMLS

This listing courtesy of Lucca T Grassi , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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