401 E 55th, Long Beach, CA 90805 | Pending

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 4,371 Sq Ft

Description

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.



|| 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

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,500,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 2 spots
Year Built 1963
Last Sold Unknown
Sold Price Unknown
APN # 7127024019
MLS # PW25263083
Property ID 322389261
Lot Sqft 4,371
Zoning Unknown
Total Units 6
Days on Market 71
Original List Price $1,500,000
Date Updated January 21, 2026
Date Created November 19, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $12,847 $0
Net Income (Yr) $ 118,168
Cap Rate7.9%
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Your payment

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Listing Provided By

Doug Rodermund an agent of . Lic #01314304


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 21, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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