531 N Virginia Ct

Long Beach, CA 90802
  • $969,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 1,987

    SqFt

About the Listing SB1301700 - SBISENJEF

Prime Investment Opportunity in Long Beach! This updated 3-unit property offers long-term value and reliable income less than 1/2 mile to the heart of downtown and less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with newer roofs and plumbing upgrades make for a unique opportunity at this price point. Perfect scenario to live in one unit and offset the mortgage by renting the other two. 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. 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

Status Active
Days on Site 45
Property Type Multi-Family
MLS ® SB26155784
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,Bedroom on Main Level
  • 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: Updated/Remodeled,Asphalt,Wood Siding,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: One 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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Questions About..

531 N Virginia Ct Long Beach, CA 90802

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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