Stacey Alysson Melman

489 E 55th St E Long Beach CA 90805 MLS #260007402SD

489 E 55th St E
Long Beach, CA, 90805
$1,499,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #260007402SD image #0
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.
AGENT: Lucca Grassi
LISTING BROKERAGE: Compass
489 E 55th St E
Long Beach, CA

Property Details

Price:
$1,499,000
MLS #:
260007402SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Listed Date:
Mar 30, 2026
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1965
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Interior

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Heating
FA
Levels
U

Exterior

Fencing
PTL

Financial

Net Operating Income
$95,347

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