473 E 55th St, Long Beach, CA 90805
FOR SALE
Listed by Steven Bogoyevac, Steven M. Bogoyevac, Broker, (562) 436-5800

473 E 55th St
Long Beach, CA 90805

North Long Beach
  • 19 Beds
  • 10 Baths
  • 7,592 sqft

$2,925,000

Est. Mortgage $17,101/mo*
Get Pre-Qualified

$2,925,000

Est. Mortgage $17,101/mo*
Get Pre-Qualified
19 Beds
10 Baths
7,592 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Home Highlights

Parking
6 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$385
Listed
180+ days ago

Home Details for 473 E 55th St

Interior Features

Beds & Baths
Number of Bedrooms: 19Number of Bathrooms: 10
Appliances & Utilities
Laundry: Common Area
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Open Parking Spaces: 6No GarageParking Spaces: 6
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 283Days on Market: 180+

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Mixed Use
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 7127024033

Price & Status

Price
List Price: $2,925,000Price Per Sqft: $385

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Poly High (Ph)

Agent Information

Listing Agent
Listing ID: PW26083293

Building

Building Area
Building Area: 7592 Square Feet

Community

Community Features: SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 6963 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26083293Living Area Range Units: Square FeetAttribution Contact: steve.bogoyevac@marcusmillichap.comCommon Interest: NoneUniversal Property Id: US-06037-N-7127024033-R-N

Additional Information

SuburbanSource Internet Entire Listing Display
Last check for updates: about 4 hours ago
Listing Provided by: Steven Bogoyevac DRE #01332755
Steven M. Bogoyevac, Broker
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26083293
Also Listed on CRMLS.

Price History for 473 E 55th St

DatePriceEventSource
04/17/2026$2,925,000Listed For SaleCRMLS #PW26083293
01/12/2024$1,425,000Sold
CRMLS #PW23224482

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Comparable Sales for 473 E 55th St

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401 E 55th St, Long Beach, CA
0.08
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$1,475,000
01/26/26
7
6
3,782
269 E Market St, Long Beach, CA
0.23
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$1,327,000
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3,628
486 E Adair St, Long Beach, CA
0.54
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$1,480,000
03/06/26
24
4
2,800
5320 Lime Ave, Long Beach, CA
0.29
Multi-Family Home
$1,750,000
03/17/26
11
-
6,048
309 E Louise St, Long Beach, CA
0.17
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$826,500
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4
4
2,562
6685 Orange Ave, Long Beach, CA
0.80
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$1,300,000
01/14/26
8
8
4,248
6001 California Ave, Long Beach, CA
0.61
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$1,000,000
10/31/25
7
4
3,115
195 E Hullett St, Long Beach, CA
0.43
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$930,000
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3
2,290
560 E Adams St, Long Beach, CA
0.92
Multi-Family Home
$2,735,375
10/20/25
16
16
10,212
540 E Adams St, Long Beach, CA
0.92
Multi-Family Home
$2,735,375
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10,310

Assigned Schools

These are the assigned schools for 473 E 55th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North Long Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Long Beach

At least 729 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 77 % Say car is needed

  • 77 % Say it's dog friendly

  • 71 % Say yards are well-kept

  • 66 % Say there's holiday spirit

  • 62 % Say streets are well-lit

  • 58 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 53 % Say it's walkable to restaurants

  • 49 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 43 % Say it's quiet

  • 40 % Say people would walk alone at night

  • 38 % Say there's wildlife

  • 35 % Say parking is easy

  • 24 % Say there are community events

Learn more about our methodology.
  • Lidia Ghuneem
    "I’ve been in this neighborhood since 1998. The neighborhood is like family. Everybody knows everyone we help each other. Be careful each other."
    0
    Flag
  • Denzarmone Reed
    "My neighborhood is close to public transportation close to shops schools are walking distance and very nice well kept parks"
    0
    Flag
  • Ayyvonturner
    "Rush hour traffic is tough. Otherwise normal traffic but everything is accessible. Love the city and its amenities."
    0
    Flag
  • Chris johnson
    "Just able to communicate with others around the way , most importantly the walks , some good people around with joy "
    0
    Flag
  • Kmontano77
    "Quick and easy to and from work. It’s a quick jump into the freeway and don’t have to worry about being stuck in traffic much."
    0
    Flag
  • Kiara Vargas
    "Don’t live here. Overcrowded, sketchy, whole city reeks of weed. Not an ideal neighborhood to raise kids in. No parking whatsoever, you can’t walk outside in the neighborhood because it’s questionable. Cara get broken into."
    4
    Flag
  • Jomarlonin
    "The parks have a lot of homeless people. Most streets have lights but don’t seem to be safe at night. North LB needs a lot of improvements. "
    1
    Flag
  • Leslie Sandoval
    "it can be walkable in certain areas, but it’s still dangerous especially if you’re a woman and alone."
    12
    Flag
  • Janet Sanchez
    "Wish it was better. The city is not improving. Too much crime. Lots of registered offenders. I don’t feel safe. "
    2
    Flag
  • Briana Owens
    "Don’t move to Ackerfield Avenue! Some parts of the north are OK, and some are very very high and gangbang and violent activity ."
    5
    Flag
  • Josh Rice
    "The homless encampments behind our apartment make it feel real special. Sometime we get human feces on the sidewalk as an extra bonus of neighborly love. The city does t do anything to prevent this there’s trash all over we get no help"
    16
    Flag
  • Trulia User
    "My commute is decent. I have a few points of interest about equidistant from my home. They are also close to my home so the commute is short without traffic. I usually commute by car."
    0
    Flag
  • Trulia User
    "Is not. North Long Beach always been in between many other places. Is the same as any other failing city in Los Angeles County."
    9
    Flag
  • Trulia User
    "It’s good for the kid to play and go to the park and there are good people there to so it is a safe neighborhood"
    6
    Flag
  • Trulia User
    "I commute 15 miles bit ways for work and school. Long Beach is such a large city you can drive 20-30 mins around the city. "
    1
    Flag
  • Trulia User
    "I think every day in this community is special. the city has a life of it's very own with so much foot traffic everywhere, many shops, restaurants, and my favorite businesses, it is a great place to be"
    0
    Flag
  • Trulia User
    "yes watching people walking there dogs I have dogs Im looking for a house with fenced in yard to protect my dogs while they play so they don't get hit by fast drivers"
    0
    Flag
  • Trulia User
    "everyone is clean and picks up after their pets and if anyone has disagreement with anything would rather you be neighborly and come knock on the door."
    0
    Flag
  • Trulia User
    "There are too many people on drugs and homeless people walking around all hours of the night. Keep a close eye on your children. I don't feel it is safe for small children to be walking alone."
    4
    Flag
  • Trulia User
    "I’ve lived here for 7yrs and I love it. Neighbors are amazing, friendly. Respectful,a true place to raise a family and soooo closed to so many things."
    7
    Flag
  • Trulia User
    "That this is area is well maintained and is super friendly for people especially our children. I wouldn't want to live anywhere else. I feel comfortable and safe here."
    0
    Flag
  • Ceejay05.cj
    "There are several parks that allow dogs in the area. It’s common to see other dog owners walking their dogs."
    2
    Flag
  • Richard K.
    "This place is terrible. Lots of feral dogs roaming and fast cars on small streets. If your dog runs into the street it will most likely be hit by a car."
    8
    Flag
  • Corri A.
    "I’ve lived in north Long Beach for 20 plus years and it has changed a lot but is still a fairly good place to raise children and have pets . Streets are quiet most of the time "
    15
    Flag
  • Yolanda S.
    "Quiet, neighborhood friendly, I’m surrounded around grocery stores, close to schools, I could walk to a bus stop that’s very close."
    11
    Flag
  • Sk S.
    "Public commute is hard. Getting to point a to point b is hard without your own car. The area is prone for street racing especially in the middle of the night."
    6
    Flag
  • Reth L.
    "Nice area to take your dog for a walk. However people don’t clean up after their dogs here and I’m always seeing random dog that escape their yard without the owner in sight."
    5
    Flag
  • Yolanda L.
    "There is rarely any heavy traffic. The buses usually are on time. Driving on the freeway is safe and can get home or to work quickly."
    0
    Flag
  • Shenika H.
    "my neighborhood is ok. apartments are kinda close. looking for a house or condo with more space in the area"
    2
    Flag
  • Jade F.
    "You see people walking dogs in the evening all the time and everyone is friendly. It's a nice neighborhood to live in. "
    1
    Flag
  • Celesterialedwards
    "My commute but would capable access to work, essential businesses, and convenient public places. This area is very convenient for family to also visit."
    0
    Flag
  • Cameron D.
    "There are four stray dogs that I know of in the area around my street and they often roam. One of the larger ones chased me for a good while when I was on my way home one night. It’s also annoying how some dog owners do not pick up after their dogs. "
    3
    Flag
  • Elena R.
    "Lot’s of stray cats, some areas strong smell of car urine and other urine. Trash being left around the neighborhood, not always the safest or healthiest for pets or people in general."
    3
    Flag
  • Dreynolds011964
    "Speed competition, loud parties with people parking the vehicles blocking street, throwing trash in streets, drinking alcohol on the street, neighbors park blocking driveways, loud music to all hours of night"
    4
    Flag
  • John B.
    "I have lived in the neighborhood 16 years grew my children up here, great for commuting and away from downtown crowding. Dog park, neighborhood watch, excellent police coordination with community with neighborhood news letter. Homes sell quickly with excellent real estate investment returns."
    17
    Flag
  • Dreynolds011964
    "Drive by shootings, b and e, speed racing on residential streets, illegal fireworks and police don’t show up,,, I could go and on and on,,,"
    3
    Flag
  • Nicole H.
    "Don’t bring your kids to this neighborhood, during the past year there have been a lot of deaths just around a mile radius of my house. There’s so many creeps around here."
    2
    Flag
  • Madelyn C.
    "There is not special events the neighbors are really loud and the parking is the worst I mean the worst if you are having a party good luck having you guest find parking there is none and the neighbors steel all the parking the neighbors are loud annoying and rude there are only two nice neighbors in this block the rest are all annoying "
    5
    Flag
  • Alohafriday
    "My neighbors watch my house while I’m out of town I trust several of my neighbors They friendly they say hi. They will help u if u ask them"
    3
    Flag
  • Ramiro G.
    "There’s not much community things going on except first Friday’s on Atlantic and the best part is crack heads only come out at like 1-3am"
    1
    Flag

LGBTQ Local Legal Protections

Steven Bogoyevac, Steven M. Bogoyevac, Broker
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
473 E 55th St, Long Beach, CA 90805 is a 19 bedroom, 10 bathroom, 7,592 sqft multi-family built in 1962. 473 E 55th St is located in North Long Beach, Long Beach. This property is currently available for sale and was listed by CRMLS on Apr 17, 2026. The MLS # for this home is MLS# PW26083293.