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

$880,000 Sold Price as of 12/22/2023
  • 4 Beds
  • 2 Baths
  • 1,448 Sq.Ft.
Sold
$880,000 Sold Price as of 12/22/2023 Refinance Your Mortgage
Map preview of 247 E 55Th St, Long Beach, CA 90805

Property Overview: 247 E 55Th St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,448 living square feet and 5,809 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY TO OWN A FULLY REMODELED DUPLEX IN NORTH LONG BEACH! Both of these stunning residencies feature a completely remodeled kitchen with Quartz countertops and tile backsplash. New laminate waterproof flooring throughout both units, all new double glass insulated windows, doors, ceiling fans and lighting fixtures. Front house is a 2-bedroom, 1 bathroom, and the back house is also a 2-bedroom, 1 bathroom with a bonus enclosed patio. The bathrooms were also renovated with beautiful styles. Other amazing features include, a new roof, new garage doors and new garage openers, ductless mini split systems in both units and a new fence at the property entrance. This amazing duplex is in TURN-KEY condition. YOU CAN BUY AS AN INVESTOR OR AS A FIRST-TIME BUYER, LIVE IN ONE AND RENT THE OTHER ONE FOR ADDITIONAL INCOME. The options are unlimited! Centrally located near the 710 & 91 freeways, this one won't last! (Some photos are digitally staged.)

Listed by Alexander Salas | BRE #02052526 | Quality Real Estate Corp.
Last checked: 4 minutes ago | Last updated: December 22nd, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,809
HOA Dues
$0/mo
Year built
1931
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23210724
City
Long Beach
County
Los Angeles
Time on Site
309 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $50,380
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,420
  • New Taxes: $10,500
  • Trash: $720
  • Insurance: $1,800
  • Water/Sewer: $1,400

Property Details for 247 E 55Th St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Bonus Room, Kitchen, Living Room
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage - Single Door, Garage Door Opener
Lot Information
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7126023015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: 710 freeway south, exit Long Beach Blvd south, left on Ellis St, right onto Locust Ave, right onto E 55th St
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Long Beach Agent

Sale History for 247 E 55Th St

Last sold for $880,000 on December 22nd, 2023

  • December, 2023

  • Dec 22, 2023

    Date

    Sold

    CRMLS: PW23210724

    $880,000

    Price

  • Nov 15, 2023

    Date

    Active

    CRMLS: PW23210724

    $839,000

    Price

  • September, 2023

  • Sep 20, 2023

    Date

    Sold

    CRMLS: CV23014523

    $400,000

    Price

  • Jan 30, 2023

    Date

    Active

    CRMLS: CV23014523

    $559,800

    Price

  • Listing provided courtesy of CRMLS

    This fixer duplex is ready for a buyer the front unit is a 2-bedroom, 1-bath. The back unit is a 3-bed 2-bath both of the units are major fixers. Close to schools, shops, restaurants, parks, and freeways. Buyer to assume eviction process.

  • April, 2023

  • Apr 28, 2023

    Date

    Expired

    CRMLS: CV23016860

    $559,800

    Price

  • Jan 31, 2023

    Date

    Active

    CRMLS: CV23016860

    $559,800

    Price

  • Listing provided courtesy of CRMLS

    This fixer duplex is ready for a buyer! The front unit is a 2-bedroom, 1-bath. The back unit is a 3-bed 2-bath, both of the units are fixers. Close to schools, shops, restaurants, parks, and freeways.

Show More

Tax History for 247 E 55Th St

Assessed Value (2020): $227,578
Year Land Value Improved Value Assessed Value
2020 $89,751 $137,827 $227,578

Home Value Compared to the Market

This property vs the competition

247 E 55Th St sold on December 22, 2023 for 2.44% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $579.42 per/sqft which puts the price per square foot 7.74% lower than the current median sale per square foot for the city of Long Beach.

About 247 E 55Th St

Detailed summary of property

247 E 55Th St is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,448 living square feet, and sits on an approximately 5,809 square foot lot. 247 E 55Th St was first listed on ArdentRealEstateGroup.com on November 15, 2023. The homeowner sold the property for $880,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 2.44% higher than the current median priced home. Local homes that are currently for sale include 401 E 21st St, 2000 Pacific Ave and 1348 E Wesley Dr. While the average home in Long Beach, CA is selling in 62 days, 247 E 55Th St has a days on market of 12 days. 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 247 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 247 E 55Th St

Public county record property details
Beds
4
Baths
2
Year built
1931
Sq. Ft.
1,448
Lot Size
5,807
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29,30
APN
7126-023-015

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%)

Thinking of Selling?

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Thinking of Selling?
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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.

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