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401 E 55th

Long Beach, CA 90805
Active
Multifamily
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Property listed by Morgan Skenderian, Doug Rodermund [email protected]
$1,500,000
The 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. The city of Long Beach has become… Read MoreRead Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.1 Acres
Year Built
1963
MLS Number
PW25263083
30 Days Snapshot Of 90805
$734k
-1%
(avg) sold price
23
+43%
homes sold
90
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1963, Building area total: 3,782, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, Gutters, Sidewalks
Expenses
Electric expense: $540, Fuel expense: $540, Gardener expense: $1,200, Insurance expense: $2,677, Maintenance expense: $3,000, New taxes expense: $20,260, Operating expense: $31,662, Trash expense: $540, Water sewer expense: $540, Other expense: $565
Garage
2 spaces
Income
Gross income: $300, Net operating income: $118,168
Laundry
CommonArea
Lot
0.1003 acres, 4,371 square feet, Size: 4,371, CornerLot
Parking
4 open parking spaces, 6 totals parking
Pool
None
Sewer
PublicSewer
Taxes
Tax annual amount: $20,260
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Schools In The Area

Check out nearby schools with ratings and contact info.
Addams Elementary School 562-428-0202 Public KG-5
Perry Lindsey Academy 562-423-6451 Public 6-8
Jordan High School 562-423-1471 Public 9-12
Addams Elementary School 562-428-0202 Public KG-5
Addams Elementary School 562-428-0202 Public KG-5
Perry Lindsey Academy 562-423-6451 Public 6-8
Jordan High School 562-423-1471 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of 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.