1725 E 55th St Long Beach, CA 90805
Lindbergh NeighborhoodEstimated payment $4,618/month
Total Views
4,815
4
Beds
--
Bath
1,613
Sq Ft
$480
Price per Sq Ft
Highlights
- Laundry Room
- Back Yard
- 1-Story Property
About This Home
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!
Listing Agent
Century 21 A Better Service Brokerage Phone: 323-326-0133 License #02028262 Listed on: 09/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,750
Year Built
- Built in 1947
Lot Details
- 5,572 Sq Ft Lot
- No Common Walls
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 4 Bedrooms
- 1,613 Sq Ft Home
- 1-Story Property
- Laundry Room
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 52
- Tax Tract Number 4963
- Assessor Parcel Number 7128025032
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $34,200
- Net Operating Income $34,200
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,750 | $349,152 | $180,708 | $168,444 |
| 2024 | $4,750 | $342,307 | $177,165 | $165,142 |
| 2023 | $4,670 | $335,596 | $173,692 | $161,904 |
| 2022 | $4,394 | $329,017 | $170,287 | $158,730 |
| 2021 | $4,300 | $322,567 | $166,949 | $155,618 |
| 2020 | $4,289 | $319,261 | $165,238 | $154,023 |
| 2019 | $4,240 | $313,002 | $161,999 | $151,003 |
| 2018 | $4,046 | $306,866 | $158,823 | $148,043 |
| 2016 | $3,720 | $294,952 | $152,656 | $142,296 |
| 2015 | $3,574 | $290,522 | $150,363 | $140,159 |
| 2014 | $3,558 | $284,832 | $147,418 | $137,414 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | For Sale | $775,000 | 0.0% | $480 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | Off Market | $775,000 | -- | -- |
| 09/18/2024 09/18/24 | For Sale | $775,000 | -- | $480 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Pacific Coast Title | |
| Grant Deed | $270,500 | Pacific Coast Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $400,000 | First American Title Co Of L | |
| Grant Deed | $287,500 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $365,000 | New Conventional | |
| Previous Owner | $199,990 | New Conventional | |
| Previous Owner | $202,875 | New Conventional | |
| Previous Owner | $510,000 | Balloon | |
| Previous Owner | $320,000 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | Purchase Money Mortgage | |
| Previous Owner | $437,000 | Unknown | |
| Closed | $80,000 | No Value Available |
Source: Public Records
Similar Homes in Long Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24193381
APN: 7128-025-032
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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