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401 E 55th, Long Beach CA 90805
401 E 55th, Long Beach CA 90805
401 E 55th, Long Beach CA 90805
401 E 55th, Long Beach CA 90805
401 E 55th, Long Beach CA 90805
401 E 55th, Long Beach CA 90805
California>Long Beach>Dairy

401 E 55thLong Beach, CA 90805

For Sale

$1,500,000

Smart Buyer Rebate $15,000

The Corner @ 55th offers an investor the opportunity to acquire a pride of ownership, professionally-managed property in an excellent rental market. The property has undergone numerous renovations, and contains an excellent unit mix of large 1 & 2-bedroom units.

|| Renovated Property Near Bixby Knolls || Excellent Mix of Large 1 & 2-Bedroom Units || Corner Location || Professionally-Managed || Possible ADU Conversion of Garages || 7.9% CAP on Current Rents

Listed by Doug Rodermund

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License #01314304

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Morgan Skenderian

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dsr@morganskenderian.com

Last updated November 21, 2025

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Source: CRMLS #PW25263083

Listing Facts

  • TypeMulti-family
  • NeighborhoodDairy
  • Days on Prevu21
  • Taxes$20,260/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/19/2025
Listed by Morgan Skenderian
$1,500,000

Property Details for 401 E 55th

Association

Amenities

  • Community Features: Curbs, Gutter(s), Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1963
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,782
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,371
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,371
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.9
  • Gross Income: $300.00
  • Operating Expense: $31,662.00

Taxes

  • Parcel Number: 7127024019
  • Tax Annual Amount: $20,260.00

Other

Location

  • Tax Lot: 879

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 6
  • Parking Total: 8

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 401 E 55th.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 401 E 55th.

What are the annual taxes for 401 E 55th?

Annual taxes for this multi-family home are estimated at $20,260.

How does 401 E 55th compare to other multi-family homes in Dairy?

This multi-family home is listed 2% below the average price for multi-family homes in Dairy and has been on the market for 44 less days than the typical home in this area.

401 E 55th is a -bedroom multi-family home for sale in Long Beach CA 90805. Listed on Prevu for 21 days at $1,500,000. This residence is located in Dairy. The median listing price for multi-family homes in this area is $760,532. Property amenities include parking. Browse more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.