Address
445 E 55Th Street Long Beach, CA
Price
$ 1,735,000
Property Attributes
  • MLS#21709562
  • TypeContingent
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaNorth Long Beach
  • Zip90805
  • Style
  • Price$ 1,735,000
  • Bedrooms11
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size7,171 SqFt
Listing Provided Courtesy Of:
Derek Lester with Compass.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

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.

Price History
3/23/2021 Listed $1,725,000

General Features

Appliances Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator
Co-Listing Agent State License # 01427385
Co-listing Agent Joe Reichling - BRE#01427385
Flooring Wood
Garage Y/N Yes
Listing Agent Derek Lester - BRE#01921397
Listing Agent State License 01921397
MLS Area 7 - North Long Beach
Pool Features None
Property Type Residential Income
Sewer Other
Spa Features None
Special Listing Conditions Standard
Status Active Under Contract
Total Units 6
Zoning LBR1N

Exterior Features

Lot Dimensions 50x143
Lot Size Acres 0.16
Lot Size Area 7171
Lot Size Square Feet 7171
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Driveway, Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90805

Price
AVG $780K
$1.74M
Visits
AVG 57
87
Year Built
AVG 1953
1968
Walkscore
AVG 71
85
Data Provided by Walkscore ® not using MLS data

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