531 N Virginia Court

Long Beach, CA 90802

  • 5 Bed(s)
  • 3 Bath(s)
  • 1,987 Sqft
  • 3315
    Sqft(Lot)
$999,000

Description

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 fully 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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Bungalow

  • AD ID

    49144588

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asphalt
    • Interior Features: Ceiling Fan(s),Quartz Counters,Recessed Lighting,Bedroom on Main Level
    • Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Water Heater
    • Fireplace: None
    • Flooring: Vinyl

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1908
    • Building Area Total: 1,987
    • Construction: Asphalt,Wood Siding
    • Roof: Asphalt

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area,Washer Hookup,Electric Dryer Hookup

    Fencing

    • Vinyl

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0761
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3315

  • Listing Price Information

    • Original List Price: 999,000
    • Listing Contract Date: 2025-03-27

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7280001012

  • Garage and Parking

    • Garage Description: One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Postal Code Plus 4: 2232
    • Directions: 710 Fwy S to 6th St to N Virginia Ct., Between Magnolia Ave. & Chestnut Ave.
    • Zoning: LBPD30
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 117
    • Common Walls: No Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Triplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Street
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/05/2025 @ 16:16

  • MLS: SB25067464
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 1,987 sqft, 3,315 sized lot, and 0 parking. are nearby neighborhoods.