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$1,500,000

  • For Sale
  • Active
  • Multi-Family
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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

Full Property Details for 401 E 55th

General

  • Price: $1,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25263083
  • Updated: 11/21/2025
  • Days on Market: 59 days
  • Added to Site: 59 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 2

Location

  • Area: 699 - Not Defined
  • County: Los Angeles
  • Development Name: 699 - Not Defined
  • Driving Directions: West of Atlantic Ave and North of Market Street

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,782
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1003
  • Lot Size (Sq. Ft.): 4,371
  • Lot Size Source: Assessor
  • Lot Description: Corner Lot

Financial Considerations

  • Price Per Sq. Ft.: $396.62
  • Price Per Unit: 250000

Listed by Morgan Skenderian, Doug Rodermund

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Listing agent

— 401 E 55th —

  • Doug Rodermund

    Morgan Skenderian

dsr@morganskenderian.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 E 55th

School District:Long Beach Unified School District
NameGradesDistance
Addams Elementary School
5320 Pine Avenue, Long Beach, CA 90805
K-50.3 mi
Lindsey Academy
5075 Daisy Avenue, Long Beach, CA 90805
6-80.9 mi
Jordan High School, Long Beach, CA
6500 Atlantic Avenue, Long Beach, CA 90805
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 401 E 55th Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Listed
$1,500,000
158.62%
MLS
11/03/2016
Sold
$580,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 E 55th

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,767
7%
$673,133
4%
2023
$9,143
6%
$646,996
2%
2022
$8,599
2%
$634,311
2%
2021
$8,402
—
$621,875
1%
2020
$8,379
1%
$615,500
2%
2019
$8,281
3%
$603,432
2%
2018
$8,044
1%
$591,600
2%
2017
$7,958
58%
$580,000
59%
2016
$5,032
4%
$364,010
2%
2015
$4,846
—
$358,543
2%
2014
$4,843
3%
$351,521
—
2013
$4,705
—
$349,933
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Morgan Skenderian, Doug Rodermund

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401 E 55th, Long Beach, CA 90805 (MLS# PW25263083) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 401 E 55th is currently listed for $1,500,000 and was received on November 19, 2025. Want to learn more about 401 E 55th? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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