489 E 55th St East, Long Beach, CA 90805 - Photo 1 of 28, Long Beach, CA
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$1,499,000

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

9Beds
5Baths
1965Built
0Days Listed

About This Property

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.

Virtual Tour

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
9
Bathrooms
5
Building Area
0 Sqft
Living Area
0 sqft
Year Built
1965
Status
Active
Days on Market
0
Cumulative Days on Market
0
Original Price
$1,499,000

Location & Neighborhood

What's nearby 489 E 55th St East, Long Beach, CA 90805

Nearby Schools

Transit Access

Local Amenities

POI data updated 3/30/2026

Long Beach Market Snapshot

802

Active Listings

$649K

Median Price

69

Avg Days on Market

Last updated: Mar 30, 2026

Listed by

Lucca T Grassi, Compass · 619-301-3416

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,499,000