Prevu by reAlpha
BuySellBlogBrowse Listings
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
489 E 55th St E, Long Beach CA 90805
California>Long Beach>Dairy

489 E 55th St ELong Beach, CA 90805

For Sale

$1,499,000

Smart Buyer Rebate $14,990

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.

Listed by Lucca Grassi

·

License #02148104

·

Compass

·

619-301-3416

Listed by Mark Schwartz

·

License #01001222

·

Compass

Last updated March 31, 2026

·

Source: CRMLS #260007402SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodDairy
  • Days on Prevu32

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/30/2026
Listed by Compass
$1,499,000

Property Details for 489 E 55th St E

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1965

Features

  • Fencing: Partial

Measurements

  • Lot Size Acres: 0.17
  • Lot Size Area: 7,405
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7,405
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.36

Taxes

  • Parcel Number: 7127024037

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 489 E 55th St E.

How does 489 E 55th St E 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 33 less days than the typical home in this area.

489 E 55th St E is a -bedroom multi-family home for sale in Long Beach CA 90805. Available on Prevu for 32 days at $1,499,000. This residence is located in Dairy. The median listing price for multi-family homes in this area is $760,532. The home offers 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.