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.
16 days
|
1,762
|
102
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Juan HuizarDRE #01417642562-307-0838,
Sage Real Estate Group, Inc.
Source: CRMLS,MLS#: PW26121906Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: Washer Hookup, Gas Dryer Hookup
Features
All Bedrooms Down
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,947
Total interior livable area: 1,947 sqft
Property
Parking
Total spaces: 3
Parking features: Garage
Garage spaces: 3
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None
Lot
Size: 6,321 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 7126030016
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Roof: Shingle
Condition
New construction: No
Year built: 1949
Utilities & green energy
Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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