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.
| MLS # | PW26121906 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 65 |
| Listing Provided By | Sage Real Estate Group, Inc. | Juan Huizar |
| SQ Feet | 1,947 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Down |
| Roof | Shingle |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Garage Yes / No | Yes |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90805 |
| Area | 7 North Long Beach |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $750,000 low | high Med: $715,000 sqft: 1,947 low | high Med: 1,102 $ / sqft: $385 low | high Med: $649 On site: 65 low | high Med: 19 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90805 |
| Area | 7 North Long Beach |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $750,000 low | high Med: $715,000 sqft: 1,947 low | high Med: 1,102 $ / sqft: $385 low | high Med: $649 On site: 65 low | high Med: 19 | |
![]() | $680,00034 E LouiseLong Beach, CA 90805 |