1725 East 55th Street

Long Beach, CA 90805

$775,000
Price
4
Beds
1,613 Sq. Ft.
$480 / Sq. Ft.
1,613
Sq. Ft.
$480
per Sq. Ft.

Description

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...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!
  1. Listed by Alberto Sanchez • DRE #02028262 • Brokerage DRE #00760251 • Century 21 A Better Service • 323-326-0133

Property Details for 1725 East 55th Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1613
Assessor Parcel Number
7128-025-032
Property Attached YN
false
LISTING UPDATED: 12/02/2024 03:04 AM

Property Details for 1725 East 55th Street

StatusPending
MLS #DW24193381
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.13 AC / 5,572 SF
CountyLos Angeles County

Building Information for 1725 East 55th Street

Stories1Residences-Year Built1947Building Size-Lot Size0.13 AC / 5,572 SF

Property Information for 1725 East 55th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,200
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $34,200
  • 433a Certified: No
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 4963
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 52
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1725 East 55th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1725 East 55th Street

Taxable ValueLand$177,165Additions$165,142Total$342,307
Tax Record2024$4,750 ($396 / month)
Home Facts
Total Finished SqFt1,613 SqFtAbove Grade Finished SqFt1,613 SqFtLot Size5,572 SqFtStyleDuplexYear Built1947ZoningLBR1NCountyLOS ANGELESAPN7128-025-032

Schools near 1725 East 55th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Harte Elementary School
PublicK to 5

Lindbergh Middle School
Public6 to 8

Jordan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A Better Service, Alberto Sanchez, DRE #02028262

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.