1725 E 55Th St, Long Beach, CA 90805
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1725 E 55Th St Long Beach, CA 90805

$775,000
  • 4 Beds
  • 0 Baths
  • 1,613 Sq.Ft.
For Sale
$775,000 Get Pre-Qualified

Map preview of 1725 E 55Th St, Long Beach, CA 90805

Property Overview: 1725 E 55Th St Long Beach, CA has 4 bedrooms, -- bathrooms, 1,613 living square feet and 5,572 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional two-unit property in the heart of Long Beach, offering an incredible opportunity for both investors and first-time buyers. Each unit features two spacious bedrooms and well-appointed living areas, making it perfect for tenants or owner-occupants alike. The property includes a long, private driveway that leads to abundant garage space in the back, providing ample parking and storage options for vehicles, equipment, or additional belongings.A standout feature of this property is the additional **studio unit** located in the back, currently rented out for **extra income**, making this an even more appealing investment. Situated just minutes from the beautiful Long Beach coastline, you’ll enjoy the best of Southern California living, with the convenience of being centrally located between major freeways. Popular shopping centers, restaurants, and entertainment hubs are all just a short drive away, ensuring everything you need is within reach.This property also offers **endless potential** for expansion, with the opportunity to build an ADU (Accessory Dwelling Unit) in the spacious backyard, creating even more living space or income potential. Whether you’re an investor looking to add a valuable asset to your portfolio or a first-time buyer searching for a versatile property with room for growth, this Long Beach duplex is a rare find with incredible upside. Don’t miss out on this outstanding opportunity!

Listed by Alberto Sanchez | BRE #02028262 | Century 21 A Better Service
Last checked: 14 minutes ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,572
HOA Dues
$0/mo
Year built
1947
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
DW24193381
City
Long Beach
County
Los Angeles
Time on Site
23 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $34,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1725 E 55Th St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7128025032
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Property is located off of South and Cherry Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 1725 E 55Th St

Last sold for $270,500 on May 10th, 2010
  • September, 2024

  • Sep 18, 2024

    Date

    Active

    CRMLS: DW24193381

    $775,000

    Price

  • May, 2010

  • May 10, 2010

    Date

    Sold (Public Records)

    Public Records

    $270,500

    Price

  • February, 2009

  • Feb 6, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1725 E 55Th St

Assessed Value (2020): $319,261
Year Land Value Improved Value Assessed Value
2020 $165,238 $154,023 $319,261

Home Value Compared to the Market

This property vs the competition

1725 E 55Th St is listed 0.64% lower than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $480.47 per/sqft which puts the price per square foot 25.62% lower than the median price per square foot for the city of Long Beach.

About 1725 E 55Th St

Detailed summary of property

1725 E 55Th St is a duplex located in Long Beach, CA 90805 and is currently for sale. This duplex offers 4 bedrooms, -- bathrooms, roughly 1,613 living square feet, and sits on an approximately 5,572 square foot lot. 1725 E 55Th St was first listed on ArdentRealEstateGroup.com on September 18, 2024. The homeowner is currently asking $775,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 0.64% lower than the median priced home. Local competing homes currently for sale include 1824-1826 W Canton St, 402 E 16th St and 1022 Raymond Ave. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1725 E 55Th St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1725 E 55Th St

Public county record property details
Beds
2
Baths
1
Year built
1947
Sq. Ft.
1,613
Lot Size
5,572
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
7128-025-032

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.