445 E 55Th St
Sold

445 E 55Th St

445 E 55Th St, 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.

11
beds

10
baths

5,170 Sq.Ft. LIVING AREA

7,171 Sq.Ft. lot

Derek Lester

Derek Lester

Joe Reichling

Joe Reichling

Features & Amenities

Interior

  • total bedrooms11
  • Total bathrooms10
  • Laundry room Laundry Area
  • Flooring Wood
  • APPLIANCES Cooktop - Gas, Microwave, Oven

Area & Lot

  • Status Sold
  • Living Area5,170 Sq.Ft.
  • Lot Area7,171 Sq.Ft.
  • MLS® ID21-709562
  • TypeMulti-Family
  • YEAR BUILT1968

Exterior

  • STORIES2
  • water SourceIn Street
  • PoolNone
  • parkingGarage, Driveway
  • HEAT TYPEWall Gas
  • AIR CONDITIONINGWindow Unit(s)
  • sewerIn Street
  • HOA AmenitiesNone
  • other exterior FeaturesNone

Financial

  • Sales Price$1,728,000
  • Zoning LBR1N

Work With Us

Our clients have made us the top selling team in the markets we serve, resulting in over $650M of closed real estate transactions. Experience the difference a great real estate team can make.