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180 E 55th

Long Beach, CA 90805
  • $750,000
  • STATUS: Closed
  • ON SITE: 109 Days
  • ID#: PW26121906
Sold - 10/06/2026
$750,000
SOLD - 10/06/2026
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Juan Huizar of Sage Real Estate Group, Inc. (562-400-7622)


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.

Sold by Raul Nario Jr of eXp Realty of Southern California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-12T14:32:43.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/178109814
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180 E 55th Long Beach, CA 90805

  • Price: $750,000
  • Status: Closed
  • On Site: 109 Days
  • Updated: 42 min ago
  • ID#: PW26121906
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1949
Built
Neighborhood:
North Long Beach (Nlb)
County:
Los Angeles
Area:
7 - North Long Beach
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.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Conventional Common Interest None Community Features CurbsStreet LightsSidewalks Contingency Please do not walk the property or disturb tenants. To see inside of the units you must submit an offer first. Offers are subject to inspection. Electric Electricity - On Property Fuel Expense 0 Garage YN Yes Gross Income 29700 Gross Scheduled Income 29700 Insurance Expense 3000 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 15025 New Construction YN No New Taxes Expense 9375 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 14675 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 2475 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-12T14:32:43.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Juan Huizar of Sage Real Estate Group, Inc. (562-400-7622)