32
See all 32 photos
$1,499,995
Est. payment /mo
9 Beds
5 Baths
Active
489 E 55th St East Long Beach, CA 90805
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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
Tax ID 7127-024-037
Virtual Tour https://www.propertypanorama.com/instaview/snd/250030572
Listed by Lucca T Grassi Compass
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