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489 E 55th St, Long Beach, CA 90805
$1,600,000
489 E 55th St, Long Beach, CA 90805View this property at 489 E 55th St, Long Beach, CA 90805
489 E 55th StLong BeachCA90805
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Property Description
Amazing turn key investment opportunity. One 3 bed 2 bath and three 2 bed 1 bath. All units occupied. Great for an investor or to live in one and rent out the other 3. Each unit has its own single car detached garage and the three bedroom has a 2 car detached garage and private patio. Coin operated laundry in on the premises for additional income. Do not miss out on this opportunity to purchase a ready to go income producing investment property! Do not disturb tenants. All offers subject to interior inspection. (Additional pictures coming soon!)
Full Property Details
Full Property Details for 489 E 55th St
General
- Price: $1,600,000
- Status: Active
- Type: Multi-Family
- MLS ID: 240001750
- Updated: 1/23/2024
- Added to Site: 123 day(s) ago
Interior
- Number of Fireplaces: 1
Parking
- Garage Spaces: 4
Location
- Area: LONG BEACH (90805)
- County: Los Angeles
- Subdivision: Long Beach
- Complex: nk
- Driving Directions: Call or text listing agent
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Zoned Area(s)
Structural Information
- Roof: Tile/Clay
- Stories/Levels: 2
- Year Built: 1965
Unit Information
- Units w/Range/Oven: 4
- Units w/Patios: 1
- Units w/Cooling: 2
- Units w/Washers: 4
- Units w/Dryers: 4
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
- Parking: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,549
- Zoning: R
- Fencing (Description): Partial
Financial Considerations
- Tenant Expense: Cable TV, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Compass
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Schools
Schools serving 489 E 55th St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5320 Pine Ave, Long Beach, CA 90805 | PK-5 | 0.4 mi | |
5075 Daisy Ave, Long Beach, CA 90805 | 6-8 | 0.9 mi | |
6500 Atlantic Ave, Long Beach, CA 90805 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 489 E 55th St
Date
Details
Price
Change
Source
1/23/2024
Listed
$1,600,000
301%
MLS
12/20/2002
Sold
$399,000
—
Public Record
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
Tax History for 489 E 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,910
6%
$555,710
2%
2022
$7,448
-45%
$544,820
2%
2021
$13,520
-17%
$534,144
1%
2020
$16,345
128%
$528,670
2%
2019
$7,176
4%
$518,030
2%
2018
$6,867
1%
$507,874
2%
2017
$6,796
8%
$497,916
2%
2016
$6,304
4%
$488,154
2%
2015
$6,062
—
$480,822
2%
2014
$6,037
3%
$471,404
—
2013
$5,859
—
$469,274
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 489 E 55th St
489 E 55th St, Long Beach, CA 90805 (MLS# 240001750) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 489 E 55th St is currently listed for $1,600,000 and was received on January 23, 2024. Want to learn more about 489 E 55th St? 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.