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

$1,499,000

9

Beds

5

Baths

-

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Lucca T Grassi

, 

Mark J Schwartz

Compass

Last updated:

April 7, 2026, 02:31 PM

MLS#

260007402

Source:

San Diego MLS via CRMLS

About This Home

489 E 55th St East

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.

Home Facts

Multi-Family

5 Baths

9 Bedrooms

Built in 1965

Price Summary

1,499,000

MLS #:

260007402

Last Updated:

April 7, 2026, 02:31 PM

Added:

9 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Structure

Structure

Year Built:

1965

Finances & Disclosures

Finances

Price:

$1,499,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.