CA > Long Beach
Long Beach, CA 90805,489 E 55th St E
Long Beach, CA 90805,489 E 55th St E
Long Beach, CA 90805,489 E 55th St E
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$1,499,995
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7,405 Sqft Lot
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489 E 55th St E Long Beach, CA 90805

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250030572SD

HOA Y/N No

Year Built 1965

Lot Size 7,405 Sqft

Property Description

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. 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.

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

California Regional MLS (CRMLS)
Listed by Lucca Grassi • Compass

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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