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180 E 55th Long Beach, CA 90805
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW26121906
Sold Date 10/06/26
HOA Y/N No
Year Built 1949
Lot Size 6,320 Sqft
Property Sub-Type Triplex
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.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7126030016
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Raul Nario Jr eXp Realty of Southern California, Inc.
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