$750,000
UNDER CONTRACT

180 E 55th St Long Beach, CA 90805

Dairy Neighborhood

Estimated payment $4,464/month

Total Views 10,065
3 Beds
3 Baths
1,947 Sq Ft
$385 Price per Sq Ft

Highlights

  • No HOA
  • Wall Furnace
  • 4-minute walk to Burton W. Chace Park
  • Laundry Facilities
  • 1-Story Property

About This Home

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.

Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 06/24/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,321 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,947 Sq Ft Home
  • 1-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 928
  • Tax Tract Number 5134
  • Assessor Parcel Number 7126030016
  • $710 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,375
  • Operating Expense $14,675
  • Gross Income $29,700
  • Net Operating Income $15,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,321 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7126030016
  • Year Built: 1949
  • Special Features: UnderContract

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 385.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6321.00
  • Lot Size Acres: 0.1451
  • Latitude Manual: 33.85569200

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Gross Income: 29700.00
  • Gross Scheduled Income: 29700.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6321.0000 Square Feet
  • Net Operating Income: 15025.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14675.00
  • Rent Control: Yes
  • Total Actual Rent: 2475.00
  • Total Expenses: 14675.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 928
  • Tax Tract Number: 5134
  • TaxOtherAnnualAssessmentAmount: 710.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,901 $256,448 $106,717 $149,731
2025 $3,901 $251,421 $104,625 $146,796
2024 $3,729 $246,492 $102,574 $143,918
2023 $3,663 $241,660 $100,563 $141,097
2022 $3,455 $236,923 $98,592 $138,331
2021 $3,373 $232,278 $96,659 $135,619
2019 $3,326 $225,391 $93,793 $131,598
2018 $3,153 $220,972 $91,954 $129,018
2016 $2,902 $212,393 $88,384 $124,009
2015 $2,794 $209,204 $87,057 $122,147
2014 $2,792 $205,107 $85,352 $119,755
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 For Sale $750,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26121906

California Regional Multiple Listing Service (CRMLS)

APN: 7126-030-016

California Los Angeles County Long Beach 90805 Dairy

180 E 55th St, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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Listing Agent
Juan Huizar
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Sage Real Estate Group, Inc.
(562) 414-4358
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