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$750,000
Est. payment /mo
3 Beds
3 Baths
6,321 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW26121906
Bedrooms 3
Lot Size 6,321 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional value-add triplex opportunity in North Long Beach. Situated on a prominent corner lot, this income-producing property consists of three 1-bedroom, 1-bathroom units, each featuring a private garage and dedicated outdoor space. One unit benefits from an oversized wraparound yard, providing enhanced tenant appeal and potential rental premium. The property presents a compelling opportunity for investors seeking rental upside through interior and exterior improvements. The asset is well suited for investors looking to add value and capitalize on Long Beach's strong rental demand. Conveniently located near major transportation corridors, retail amenities, employment centers, and neighborhood attractions, the property offers both accessibility and long-term growth potential. Whether you're a first-time multifamily investor or an experienced buyer seeking a repositioning opportunity, 180 E. 55th Street represents an attractive entry point into the Long Beach multifamily market.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On Corner of Pine & E. 55th St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7126030016
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Juan Huizar, DRE#01417642 Sage Real Estate Group, Inc.
Nearby School & Business
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