531 N Virginia Court Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90802
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,987 sqft
Price per Sqft $485
MLS Listing ID CRSB25067464
Bedrooms 5
HOA Y/N No
Year Built 1908
Lot Size 3,315 Sqft
Acres 0.08
Property Sub-Type Triplex
Property 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 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!
Location
State CA
County Los Angeles
Zoning LBPD
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl
Fireplace No
Laundry Common Area,Other
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 7280001012