489 E 55th St East, Long Beach, CA 90805
489 E 55th St East, Long Beach, CA 90805
489 E 55th St East, Long Beach, CA 90805
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$1,499,000
Est. payment /mo
9 Beds
5 Baths
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID 260007402

Bedrooms 9

Full Baths 5

Year Built 1965

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning LBR1N

Interior

Heating Forced Air Unit

Cooling Wall/Window

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N No

Roof Type Tile/Clay

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7127-024-037

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, VA, Other/Remarks

Listing Terms Cal Vet, Cash, Conventional, Exchange, VA, Other/Remarks

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

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MLS Router / San Diego MLS
Listed by Lucca T Grassi, DRE#02148104 Compass 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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489 E 55th St East