531 N Virginia Court, Long Beach, CA 90802
- $969,000
List Agent Jeffrey Isenberg () 310-982-7055 Buckingham Investments, Inc; CoList ()
- List Price
- $969,000
- Status
- ACTIVE
- MLS#
- SB26155784
- Year Built
- 1908
- Lot Size
- 3,315
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 13
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- Alamitos Beach (Ab)
Property Description
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!
Additional Information
- Appliances
- Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Exterior Construction
- Asphalt, Wood Siding
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.