Sold

445 E 55th St

445 East 55th Street, Long Beach, CA 90805

$1,728,000

Excellent remodeled 6-unit building with great rents, ample parking, and more upside in north Long Beach. Building infrastructure has had many upgrades, including new copper plumbing throughout, new ABS sewer line, new breaker boxes, hardwood floors, and reconditioned roof. 5 of the 6 units have gone through extensive remodeling, and delivered with reliable tenants who have yet to miss any rental payments in the last years. The building has 7 one-car garages as well as an additional uncovered parking spot in front of each, 14 parking spots total. Coin operated laundry room in the rear services the building and provides additional income. Turn-key property with low maintenance and low expenses, great value with additional income upside and easy access to freeways, the beach, parks, and restaurants. Offers due 4pm on Wednesday, April 14th.

11
beds

10
baths

5,170 Sq.Ft. LIVING AREA

0.16 Acres lot

Joe Reichling

Joe Reichling

TITLE

Realtor

Derek Lester

Derek Lester

Features & Amenities

Interior

  • total bedrooms11
  • Total bathrooms10
  • full bathrooms10
  • other interior Features Cooktop - Gas, Microwave, Washer, Dryer, Dishwasher, Refrigerator, Garbage Disposal

Area & Lot

  • Status Sold
  • Living Area5,170 Sq.Ft.
  • Lot Area0.16 Acres
  • MLS ID21-709562
  • TypeRESIDENTIAL
  • YEAR BUILT1968

Financial

  • Sales Price$1,728,000

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