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California Regional Multiple Listing Service

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. as of the most recent time synced 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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Home / Long Beach / 473 E 55th Street
473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 473 E 55th Street Long Beach, CA 90805 View All Photos

$2,925,000

| Active

473 E 55th Street

Long Beach, CA 90805

0.16
Acres
406
Days on Market
PW26176808
MLS#
Multi-Family
Type
Duplex/Multi-Unit
Structure
Residential
Zone
Contact
Listing OfficeSteven M. Bogoyevac, Broker

10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Property Details
Lot Features
Rectangular Lot
Stories
2
Lot Description
Rectangular Lot
Acres
0.16
Lot Size (sqft)
6963.0
Parking Spaces
6.0
Parking Garage Spaces
0.0
Property Type
Multi-Family
Property Subtype Additional
Mixed Use
Year Built
1962
Sewer Information
Public Sewer
Utility Source
Public
Subdivision
Poly High (PH)
Community Features
Suburban
County
Los Angeles
Region
Long Beach
Zoning
LBR1N
Original List Price
$2,925,000
Days on Market (Cumulative)
406
MLS #
PW26176808
Property Subtype
MixedUse
Parcel Number
7127024033
MLS #
PW26176808
Date Listed
August 12, 2026
Address
473 E 55th Street
Location
Legal

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. as of the most recent time synced 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

Provided By
Listed by Steven Bogoyevac (#PBOYOSTE)
Listing Office: Steven M. Bogoyevac, Broker (#PB13351)

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