489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
489 E 55th St E, Long Beach, CA 90805
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,499,000
Est. payment | /mo

7,405 Sqft Lot

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$ 1,499,000
Est. payment | /mo
Save Virtual Tour

7,405 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260007402SD

HOA Y/N No

Year Built 1965

Lot Size 7,405 Sqft

Property 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

State CA

County Los Angeles

Building/Complex Name Long Beach

Zoning LBR1N

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence Partial

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 7127024037

Acceptable Financing Cash, Conventional, Cal Vet Loan, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250030572

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Lucca Grassi Compass #02148104

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.