489 E 55th St new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90805
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250030572
Bedrooms 9
Full Baths 5
Year Built 1965
Lot Size 7,405 Sqft
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. 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
Area Long Beach (90805)
Building/Complex Name Long Beach
Zoning LBR1N
Interior
Cooling Wall/Window
Fireplaces Number 1
Exterior
Exterior Feature Stucco
Parking Features Unit1:Detached Unit2:Detached Unit3:Detached Unit4:Detached
Garage Spaces 5.0
Fence Partial
Roof Type Tile/Clay
Building
Story 2
Sewer Sewer Connected
Others
Acceptable Financing Cal Vet,Cash,Conventional,Exchange,VA,Other/Remarks
Space Rent $2,852
Listing Terms Cal Vet,Cash,Conventional,Exchange,VA,Other/Remarks