$ 965,000
-
$965,000
Price -
5
Bed -
3
Bath -
1,987
SqFt
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About the Listing SB1301700 - SBISENJEF
Prime Investment Opportunity in Long Beach! This fully stabilized, cash-flowing, 3-unit multifamily property at 531 N Virginia Court offers long-term value and reliable income less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with new roofs and plumbing upgrades make for a unique opportunity at this price point! Surrounded by major developments like the Long Beach Civic Center, Queen Mary Island, and West Gateway, the property benefits from the city's continued investment growth. Additionally, ongoing multifamily projects such as the Broadway Block, Shoreline Gateway Tower, and the Aster demonstrate the area's increasing demand for quality housing. Just minutes from the vibrant Downtown Long Beach core, residents enjoy easy access to a wide range of dining, shopping, and entertainment options. Nearby Alamitos Beach, Golden & Lincoln Park, and Shoreline Village provide ample recreation opportunities. Conveniently located near the 710 and 405 freeways and the Metro Blue Line, residents also benefit from seamless accessibility to LA & Orange County. Long Beach's thriving economy, supported by its shipping, aerospace, and healthcare sectors, ensures a strong tenant base. Don’t miss this turnkey investment in one of Southern California's most desirable markets!
Listing Highlights for 531 N Virginia Ct
Status
Active
Days on Site
210
Property Type
Multi-Family
MLS ®
SB25067464
Year Built
1908
Total Square Footage
1,987
Lot/Acreage
0.08
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Quartz Counters,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LBPD30
- Roof: Asphalt
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Parking Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7280001012
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
531 N Virginia Ct Long Beach, CA 90802
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