Seller's Agent in 2026
Doug Rodermund
Morgan Skenderian
(949) 295-8560
1 in this area
36 Total Sales
401 E 55th St Long Beach, CA 90805
Dairy Neighborhood
7
Beds
6
Baths
3,782
Sq Ft
4,369
Sq Ft Lot
Highlights
- Corner Lot
- Laundry Room
- 4-minute walk to Grace Park
About This Home
As of January 2026The Corner @ 55th offers an investor the opportunity to acquire a pride of ownership, professionally-managed property in an excellent rental market. The property has undergone numerous renovations, and contains an excellent unit mix of large 1 & 2-bedroom units. || Renovated Property Near Bixby Knolls || Excellent Mix of Large 1 & 2-Bedroom Units || Corner Location || Professionally-Managed || Possible ADU Conversion of Garages || 7.9% CAP on Current Rents
Last Agent to Sell the Property
Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 11/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,260
Year Built
- Built in 1963
Lot Details
- 4,371 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 6 Open Parking Spaces
- 2 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,782 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 879
- Tax Tract Number 5134
- Assessor Parcel Number 7127024019
- $1,092 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $540
- Fuel Expense $540
- Gardener Expense $1,200
- Insurance Expense $2,677
- Maintenance Expense $3,000
- Other Expense $565
- Pest Control $720
- Trash Expense $540
- Water Sewer Expense $540
- New Taxes Expense $20,260
- Operating Expense $31,662
- Gross Income $300
- Net Operating Income $118,168
Additional Features
- 6 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/26/2026 01/26/26 | Sold | $1,475,000 | -1.7% | $390 / Sq Ft | |
| 01/19/2026 01/19/26 | Pending | -- | -- | -- | |
| 11/19/2025 11/19/25 | For Sale | $1,500,000 | +158.6% | $397 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $580,000 | +1.8% | $153 / Sq Ft | View Prior Sale |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- | |
| 10/03/2016 10/03/16 | For Sale | $570,000 | -- | $151 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,309 | $673,133 | $232,114 | $441,019 |
| 2024 | $9,309 | $659,935 | $227,563 | $432,372 |
| 2023 | $9,143 | $646,996 | $223,101 | $423,895 |
| 2022 | $8,599 | $634,311 | $218,727 | $415,584 |
| 2021 | $8,402 | $621,875 | $214,439 | $407,436 |
| 2019 | $8,281 | $603,432 | $208,080 | $395,352 |
| 2018 | $8,044 | $591,600 | $204,000 | $387,600 |
| 2016 | $5,032 | $364,010 | $76,988 | $287,022 |
| 2015 | $4,846 | $358,543 | $75,832 | $282,711 |
| 2014 | $4,843 | $351,521 | $74,347 | $277,174 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Rodermund
-
Garrett Blair
Buyer's Agent in 2026
Garrett Blair
Morgan Skenderian
(949) 300-5610
1 in this area
4 Total Sales
-
A
Seller's Agent in 2016
Alan Stassi
Pierside Realty, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25263083
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