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$ 775,000
Est. payment /mo
Pending
1725 E 55th St Long Beach, CA 90805
5,571 Sqft Lot
UPDATED:
12/05/2024 03:39 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW24193381
HOA Y/N No
Year Built 1947
Lot Size 5,571 Sqft
Property 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 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!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7128025032
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Listed by Alberto Sanchez • Century 21 A Better Service • 323-326-0133