Sold for $1,475,000

Listing Provided by: Morgan Skenderian

Bought with: Morgan Skenderian

$1,475,000

401 E 55th St, Long Beach, CA 90805

7beds

6baths

3,782sqft

Multi Family

Built in 1963

-- sqft lot

$1,485,900 Zestimate^®

$390/sqft

$3,425 Estimated rent

Home value

$1,485,900

$1.35M - $1.63M

$3,425/mo

Zestimate^® history

Owner options

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$3,425/mo

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$3,425/mo

Rent Zestimate^®

Refinance and save

$9,291/mo

Est. payment

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$9,291/mo

Est. payment

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What's special

Renovated propertyCorner location

The Corner @ 55th offers an investor the opportunity to acquire a pride of ownership, professionally-managed property in an excellent rental market. The property has undergone numerous renovations, and contains an excellent unit mix of large 1 & 2-bedroom units. || Renovated Property Near Bixby Knolls || Excellent Mix of Large 1 & 2-Bedroom Units || Corner Location || Professionally-Managed || Possible ADU Conversion of Garages || 7.9% CAP on Current Rents

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,782
Total interior livable area: 3,782 sqft

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 6

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 4,371 sqft
Features: Corner Lot

Details

Parcel number: 7127024019
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Curbs, Gutter(s), Sidewalks

Location

Region: Long Beach

HOA & financial

Other financial information

Total actual rent: 12847

Other

Other facts

Listing terms: Conventional

Price history

Date	Event	Price
1/26/2026	Sold	$1,475,000-1.7%$390/sqft
Source: CRMLS #PW25263083 Report a problem
1/21/2026	Pending sale	$1,500,000$397/sqft
Source: CRMLS #PW25263083 Report a problem
11/19/2025	Listed for sale	$1,500,000+163.2%$397/sqft
Source: CRMLS #PW25263083 Report a problem
11/20/2016	Listing removed	$570,000$151/sqft
Source: Pierside Realty #SB16713778 Report a problem
10/4/2016	Listed for sale	$570,000$151/sqft
Source: Pierside Realty #SB16713778 Report a problem