489 E 55th St
Long Beach, CA 90805
North Long Beach- 9 Beds
- 5 Baths
9 Beds
5 Baths
Local Information
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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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
39 days ago
Home Details for 489 E 55th St
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Appliances & Utilities Utilities: Sewer Connected |
Heating & Cooling Heating: Forced Air UnitAir Conditioning: Wall/WindowHeating Fuel: Forced Air Unit |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: 2 Story |
Security Security: Other/Remarks |
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Exterior Home Features Roof: Tile ClayFencing: Partial |
Frontage Not on Waterfront |
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Days on Market: 39 |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Building Name: Long BeachConstruction Materials: Stucco |
Property Information Parcel Number: 7127024037 |
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Price List Price: $1,499,000 |
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MLS Status: ACTIVE |
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Direction & Address City: Long BeachCommunity: North Long Beach (NLB) |
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Listing Agent Listing ID: 260007402 |
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Association for this Listing: San Diego Association of REALTORHOA Fee: No HOA Fee |
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Lot Area: 7405.2 sqft |
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Listing Terms: Cal Vet, Cash, Conventional, Exchange, VA, Other/Remarks |
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Expense Tenant Pays: Other Fees |
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Mls Number: 260007402Showing Service Name: None |
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Source Internet Entire Listing Display |
Last check for updates: about 9 hours ago
Listing courtesy of Lucca T Grassi DRE #02148104, (619) 301-3416
Compass
Mark J Schwartz DRE #01001222, (858) 414-4602
Compass
Originating MLS: San Diego Association of REALTOR
Price History for 489 E 55th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/30/2026 | $1,499,000 | Listed For Sale | SDMLS #260007402 |
| 12/04/2025 | $1,499,995 | ListingRemoved | SDMLS #250030572 |
| 06/13/2025 | $1,499,995 | Listed For Sale | SDMLS #250030572 |
| 06/20/2024 | ListingRemoved | SDMLS #240001750 | |
| 01/23/2024 | $1,600,000 | Listed For Sale | SDMLS #240001750 |
| 07/01/2020 | $1,794 | ListingRemoved | Agent Provided |
| 06/01/2020 | $1,794 | Listed For Rent | Agent Provided |
| 12/20/2002 | $399,000 | Sold | N/A |
| 12/27/2000 | $20,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,436 |
| Assessment | $578,147 |
Home facts updated by county records
Comparable Sales for 489 E 55th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Multi-Family Home | $1,327,000 | 03/27/26 | 8 | 6 | 3,628 | |
0.11 | Multi-Family Home | $1,475,000 | 01/26/26 | 7 | 6 | 3,782 | |
0.19 | Multi-Family Home | $826,500 | 03/13/26 | 4 | 4 | 2,562 | |
0.45 | Multi-Family Home | $930,000 | 10/24/25 | 6 | 3 | 2,290 | |
0.60 | Multi-Family Home | $1,000,000 | 10/31/25 | 7 | 4 | 3,115 | |
0.23 | Multi-Family Home | $680,000 | 04/17/26 | 4 | 2 | 1,240 | |
0.48 | Multi-Family Home | $845,000 | 10/30/25 | 4 | 2 | 1,700 | |
0.75 | Multi-Family Home | $810,000 | 07/31/25 | 5 | 4 | 1,869 | |
0.65 | Multi-Family Home | $699,000 | 11/14/25 | 4 | 4 | 1,743 |
Assigned Schools
These are the assigned schools for 489 E 55th St.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lucca T Grassi, Compass
Agent Phone: (619) 301-3416

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
489 E 55th St, Long Beach, CA 90805 is a 9 bedroom, 5 bathroom multi-family built in 1965. 489 E 55th St is located in North Long Beach, Long Beach. This property is currently available for sale and was listed by SDMLS on Mar 30, 2026. The MLS # for this home is MLS# 260007402.

