489 E 55th St E

Long Beach, CA 90805
  • $1,499,000

    Price
  • 9

    Bed
  • 5

    Bath
  • 0

    SqFt

About the Listing SAND-8355 - SAND-706269,SAND-630464

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 Highlights

Status Active
Days on Site 153
Property Type Multi-Family
MLS ® 260007402SD
Year Built 1965
Total Square Footage 0
Lot/Acreage 0.17
County Los Angeles

Interior Details

  • Bedrooms: 9
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LBR1N
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7127024037
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

489 E 55th St E Long Beach, CA 90805

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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