1725 E 55th St Long Beach, CA 90805
Pending
$775,000
2 Units
4 Beds
0 Baths
1,613 Area(sq.ft.)
5,572 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 0 | No | $ 1,550 | $ 1,550 | $ 2,400 |
| Unit 2 | 1 | 2 | 0 | No | $ 1,300 | $ 1,300 | $ 2,400 |
| 2 | 2 | 4 | 0 | $ 2,850 | $ 2,850 | $ 4,800 |
| MLS #: | DW24193381MR |
| Days On Market: | 47 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 480 |
| Price per unit: | $ 387,500 |
| Year Built: | 1947 |
Property Details
Welcome to this exceptional two-unit property in the heart of Long Beach, offering an incredible opportunity for both investors and first-time buyers. Each unit features two spacious bedrooms and well-appointed living areas, making it perfect for tenants or owner-occupants alike. The property includes a long, private driveway that leads to abundant garage space in the back, providing ample parking and storage options for vehicles, equipment, or additional belongings.A standout feature of this property is the additional **studio unit** located in the back, currently rented out for **extra income**, making this an even more appealing investment. Situated just minutes from the beautiful Long Beach coastline, you ll enjoy the best of Southern California living, with the convenience of being centrally located between major freeways. Popular shopping centers, restaurants, and entertainment hubs are all just a short drive away, ensuring everything you need is within reach.This property also offers **endless potential** for expansion, with the opportunity to build an ADU (Accessory Dwelling Unit) in the spacious backyard, creating even more living space or income potential. Whether you re an investor looking to add a valuable asset to your portfolio or a first-time buyer searching for a versatile property with room for growth, this Long Beach duplex is a rare find with incredible upside. Don t miss out on this outstanding opportunity!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 34,200 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | Room |
Exterior
| Pool: | No |
Detailed Map
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Income
