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

Multi-Family · For sale · $1,499,000 · MLS# 260007402SD

Multi-Family for sale in Southern California — $1,499,000. 0 baths. 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 b…

489 E 55th St E
For sale

$1,499,000

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

Multi-FamilyProperty type
1965Year built
7,405 sqft lotLot size
HOA

Facts & features

Interior

Bedrooms & bathrooms

  • Bathrooms: 0

Heating

  • Heating: Forced Air

Cooling

  • Cooling: Wall Window Units

Property

Lot

  • Lot size: 7,405 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1965

Financial & listing details

  • Days on market: 110 days
  • Status: Active
  • MLS#: 260007402SD

Location

  • City: Long Beach
  • ZIP: 90805

About this home

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 updated: March 31, 2026 at 4:16 AM

Listed by: Lucca Grassi, Compass

Source: CRMLS, MLS#: 260007402SD, Originating MLS: California Regional MLS

Location

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Long Beach

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Facts & features

Interior

Bedrooms & bathrooms

  • Bathrooms: 0

Heating

  • Heating: Forced Air

Cooling

  • Cooling: Wall Window Units

Property

Lot

  • Lot size: 7,405 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1965

Financial & listing details

  • Days on market: 110 days
  • Status: Active
  • MLS#: 260007402SD

Location

  • City: Long Beach
  • ZIP: 90805

Price history

DateEventPrice
3/30/2026Source: CRMLS, #260007402SDListed for sale$1,499,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-31 04:16:42 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information