Turn Key 4 Unit Investment Opportunity in North Long Beach! Don’t miss this exceptional opportunity to own a fully occupied, income producing 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 true turn key 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.
Property Details
Price:
$1,499,995
MLS #:
250030572SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Listed Date:
Jun 13, 2025
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
WW
Heating
FA
Exterior
Financial
Map
Community
- Address489 E 55th St E Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Park BP
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- College Park Estates CPS
- Country Club Gardens CCG
- Country Club Villa CCV
- Crest Gardens CRST
- Crown Pointe CPT
- D’Orleans DOR
- Downtown
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Marina Park MP
- Mobile Estates ME
- Mystic Cove MC
- Naples NA
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Plaza South of Spring PZS
- Poly High PH
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- Stratford Square SQQ
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Virginia Country Club VCC
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
Market Summary
Current real estate data for Single Family in Long Beach as of Nov 27, 2025
431
Single Family Listed
51
Avg DOM
469
Avg $ / SqFt
$1,010,181
Avg List Price
Property Summary
- 489 E 55th St E Long Beach CA is a Single Family for sale in Long Beach, CA, 90805. It is listed for $1,499,995 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Long Beach is $469. The average listing price for Single Family in Long Beach is $1,010,181.
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489 E 55th St E
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