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$1,499,000
118 Days On Site

489 E 55th St East
Long Beach, CA 90805

For Sale|Multi Family|Active
9
Beds
5
Total Baths
5
Full Baths

SqFt

/SqFt
1965
Built
Subdivision:
North Long Beach (NLB)
County:
Los Angeles
Listed by Lucca T Grassi of Compass (619) 301-3416
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
489 E 55th St East489 E 55th St East489 E 55th St East489 E 55th St East
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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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Listing Snapshot
Price 
$1,499,000
Days On Site 
118 Days
Bedrooms 
9
Inside Area (SqFt) 
0.0 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1965
MLS® Number 
260007402
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
Utilities 
Sewer Connected
Zoning 
LBR1N
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Forced Air
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Exterior Features
Construction Details 
Stucco
Fencing 
Partial
Community Features
Financing Terms Available 
CashConventionalVA Loan
Listed by Lucca T Grassi of Compass (619) 301-3416



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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