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489 E 55th St
Long Beach CA 90805 US

$1,499,000

Active Listing ID 260007402
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9 bed
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5.00 Bath (5 Full)
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Lot: 0.17 Acres
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Other

$1,499,000

Active Listing ID 260007402
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489 E 55th St 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Wall/Window Unit(s)
  • Roof Type: Tile
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1499000
  • unparsedaddress: 489 E 55th St
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90805
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.856164
  • longitude: -118.18635
  • listagentfullname: Lucca T Grassi
  • listagentemail: luccagrassirealty@gmail.com
  • listagentkey: 3yd-SANDICOR-706269
  • listagentmlsid: 706269
  • listagentpreferredphone: 6193013416
  • listagentofficephone: 8583454514
  • listofficekey: 3yd-SANDICOR-165207
  • listagentstatelicense: 02148104
  • listofficemlsid: 8355
  • disclaimer: Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SANDICOR
  • yearbuilt: 1965
  • listingcontractdate: 2026-03-30
  • listagenturl: https://www.compass.com/
  • countyorparish: Los Angeles
  • parcelnumber: 7127-024-037
  • cooling: Wall/Window Unit(s)
  • heating: Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Tile
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 9, Bedroom 8, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 7
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.18635, 33.856163
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"luccagrassirealty@gmail.com", "ListBrokerageCity":"San Diego", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Leads@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":"(858) 345-4514", "ListBrokeragePostalCode":"92130", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"12275 El Camino Real", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"12860 El Camino Real #100 ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"165207", "ListOfficeCity":"San Diego", "ListOfficeCountry":"USA", "ListOfficeEmail":"Melanie.fontana@compass.com", "ListOfficePostalCode":"92130", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Long Beach, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-03-30 17:22:07", "Neighborhoods":[{"Description":null, "Name":"North Long Beach (NLB)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/30/2026 5:33:09 PM GMT
Source Updated Date: 4/1/2026 6:59:59 PM GMT

Courtesy of: Lucca T Grassi, Compass, luccagrassirealty@gmail.com

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.