489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
28
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$1,499,000
Est. payment /mo
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7,405 Sqft Lot
Active

489 E 55th St E Long Beach, CA 90805

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260007402SD

HOA Y/N No

Year Built 1965

Lot Size 7,405 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Building/Complex Name Long Beach

Zoning LBR1N

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence Partial

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 7127024037

Acceptable Financing Cash, Conventional, Cal Vet Loan, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250030572

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Lucca Grassi Compass #02148104

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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489 E 55th St E