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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
- Saint Athanasius School0.1 mi
elementary
- Lindbergh Middle School0.4 mi
elementary
- Addams Elementary School0.4 mi
elementary
Transit Access
- Atlantic & Market0.1 mi
Bus Stop
- Atlantic & 56th0.1 mi
Bus Stop
- Market & Elm0.2 mi
Bus Stop
- Atlantic & South0.3 mi
Bus Stop
- Atlantic & 53rd0.3 mi
Bus Stop
Local Amenities
Library
- Michelle Obama Library0.4 mi
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