---
listing_id: SD260007402
status: Active
price: 1499000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 7405
lot_acres: 
year_built: 1965
property_type: Residential Income
property_subtype: 
address: "489 E 55th St E"
city: Long Beach
state: CA
zip: 90805
county: "Los Angeles County"
lat: 33.856164
lng: -118.18635
days_on_market: 23
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Lucca Grassi"
list_office: "Compass"
list_agent_phone: "(619) 301-3416"
list_agent_license: 02148104
mls_source: SDMLS
modified: 2026-03-30
transaction_type: buy
---

Home | Los Angeles County | Long Beach | 90805 | 489 E 55th St E

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

MLS: SD260007402 | Status: Active | Price: $1,499,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
7,405 1965

Remarks

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.

MLS Listing Information

Field Value
MLS # SD260007402
MLS Source San Diego MLS
Days on Site 23

Features

Interior Features

Feature Details
Cooling Window/Wall Unit
Heating Forced Air

Exterior Features

Feature Details
Roof Tile

Parking, School, and Other Information

Feature Details
Garage/Parking Detached, Garage: Car(s)
HOA Fee $0
Zoning LBR1N

Contact Information

Listing Agent Co-Listing Agent
Lucca Grassi Mark Schwartz
Compass Compass
License #: 02148104 License #: 01001222
Phone: (619) 301-3416 Phone: (858) 414-4602

Property Units

# Buildings # Leased Units # Total Units
1 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 3 2/0
2 2 1/0 $1,972
3 2 1/0 $2,081
4 2 1/0 $2,134

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Lindbergh Middle School public 6-8 0.30 mi 4
Addams Elementary School public K-5 0.38 mi 5
Dooley Elementary School public K-5 0.80 mi 4
Harte Elementary School public K-5 0.82 mi 6
Barton Elementary School public K-5 0.84 mi 4
Lindsey Academy public 6-8 1.00 mi 3
Powell Academy For Success public K-8 1.12 mi 4
Jordan High School public 9-12 1.14 mi 3
Grant Elementary School public K-5 1.21 mi 4
King Elementary School public K-5 1.55 mi 4
Hamilton Middle School public 6-8 1.80 mi 4
Hughes Middle School public 6-8 1.96 mi 7
Madison Elementary School public K-5 1.98 mi 8
Longfellow Elementary School public K-5 2.03 mi 9
Riley Elementary School public K-5 2.05 mi 8
Los Cerritos Elementary School public K-5 2.10 mi 8
Dominguez Elementary School public K-5 2.14 mi 8
Leona Jackson School public 4-8 2.14 mi 6
Odyssey STEM Academy public 9-12 2.19 mi 7
Buena Vista High School public 9-12 2.22 mi 2

Nearby Homes

Address Price Beds Baths Sq Ft Status
3706 Pine $1,200,000 Active
3602 3604 Pine $1,570,000 Active
148 E 36th St $1,295,000 Active
42 W Mountain View $1,300,000 Active

Disclosures

©2026 San Diego MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of March 30, 2026. For the most current information, please contact Lucca Grassi, (619) 301-3416.