489 E 55th St East, Long Beach, CA 90805
3D tour available
LONG BEACH · SEMI-DETACHED

489 E 55th St East

$1,499,000Long Beach, CA 90805
Active
Price
$1,499,000
Beds
9
Baths
5
Lot
7,405 sq ft
Built
1965

Listing courtesy of Compass·Listed by Lucca T Grassi·MLS® SDM260007402·Last updated Jul 6, 2026

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.

Details

Bedrooms
9
Bathrooms
5

Interested in this home?

Erik Kaiser isn't the listing agent. Erik can book your showing and represent you as your agent.

Erik Kaiser
Re/Max Terrasol
(855) 423-5100Send a message
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Estimate payments

An estimate only. Rates and terms come from your lender.

Mortgage payment$7,501/mo
Down payment$299,800
Erik KaiserRe/Max Terrasol