Homes for sale - 489 E 55th St East, Long Beach, CA 90805

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Ben Biggs

ben@thewinfieldgroup.org +1(619) 987-8294

$ 1,499,995

Est. payment | -/mo

9 Beds

5 Baths

Save Virtual Tour

$ 1,499,995

Est. payment | -/mo

Save Virtual Tour

9 Beds

5 Baths

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 250030572

Bedrooms 9

Full Baths 5

Year Built 1965

Property Sub-Type Res Income 2-4 Units

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. (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.

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

Listed by Lucca T Grassi Compass

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Ben Biggs

REALTOR® | Lic# 02016327

ben@thewinfieldgroup.org

+1(619) 987-8294

10620 Treena St #230 San Diego, CA, 92131

489 E 55th St East Long Beach, CA 90805

Ben Biggs

Key Details

Location

Interior

Exterior

Building

Others

489 E 55th St East