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

> **TL;DR:** 9bd/5ba residential multi family, $1,499,000, built 1965. Est. $6,496/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,499,000 |
| Bedrooms | 9 |
| Bathrooms | 5 full |
| Year Built | 1965 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,496 |
| **Total** | **$6,496** |

## Property Highlights

- Built in 1965
- 0.17 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 489 E 55th St, Long Beach, CA 90805
- **County:** Los Angeles
- **Neighborhood:** North Long Beach (NLB)
- **Coordinates:** 33.856164, -118.18635
- **Google Maps:** https://www.google.com/maps?q=33.856164,-118.18635

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/snd/250030572

## Listing Agent

- **Name:** Lucca T Grassi
- **Brokerage:** Compass
- **Phone:** 6193013416
- **Email:** luccagrassirealty@gmail.com

## Primary Photo

![489 E 55th St - Primary Photo](http://lh.rdcpix.com/3606bb87ebcf981980fd1050ee5a2bdbl-f1796210649r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/489-e-55th-st-long-beach-ca-90805-60007402)*

---

**MLS#:** 260007402 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/489-e-55th-st-long-beach-ca-90805-60007402)

---

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