Long Beach, CA 90802,531 N Virginia Court
Long Beach, CA 90802,531 N Virginia Court
Long Beach, CA 90802,531 N Virginia Court
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$965,000
Est. payment /mo
5 Beds
1,987 SqFt
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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


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Bridge MLS
Listed by Jeffrey Isenberg • Buckingham Investments, Inc

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531 N Virginia Court