Active

1562 W 31st Street

Long Beach, CA 90810
Mark as Favorite
Bed 7

Bed

Bath 4

Bath

SqFt2,586

Sqft

SqFt6,334

Sqft(Lot)

Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is d ifficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Located in a very desirable area of Westside Long Beach and just minutes from the beach and ocean. Rare opportunities featuring new ADUs, multiple residences, bonus space, courtyard living, and vacant delivery are increasingly hard to find.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,249,000

AD Id : 79203202

MLS Id : SB26112414

Beds : 7

Lot Size : 6,334 Sqft

Living Area Size : 2,586

Year Built : 1938

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Asbestos Shingle Fireplace: None Flooring: Tile,Vinyl,Wood
  • Cooling Features

    Wall/Window Unit(s),Zoned Air Conditioning

    Heating Source

    Wall Furnace,Zoned Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1938 Building Area Total: 2,586 Roof: Asbestos Shingle
  • Pool Features

    None

    Laundry Features

    Inside,Outside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1454
  • Lot Size Source: Assessor Lot Size Square Feet: 6334

  • Listing Price Information

    Original List Price: 1,249,000 Listing Contract Date: 2026-05-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7312028005

  • Garage and Parking

    Garage Description: RV Access/Parking

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 11 - Westside Postal Code Plus 4: 2804 Directions: North on Sante fe ave, right on 31st st Zoning: LBR1N Source Property Type: Residential Income Area: 11 - Westside Property SubType: Duplex
  • Building and Construction

    Property Age: 88 Common Walls: No Common Walls Property Condition: Additions/Alterations,Updated/Remodeled Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: One,Two Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2336 W Wardlow Road, Long Beach, CA, 90810 $1,250,000 6 6 3,940 3,940 SqFt

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ByOwner last updated this listing 06/16/2026 @ 15:52

MLS: SB26112414 LISTED BY: John Hernandez-Ball, Keller Williams Realty 310-375-3511 SOURCE: CRMLS

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