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531 N Virginia Court

Long Beach, CA 90802
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Bed 5

Bed

Bath 3

Bath

SqFt3,315

Sqft(Lot)

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!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $969,000

AD Id : 88339328

MLS Id : SB26155784

Beds : 5

Lot Size : 3,315 Sqft

Year Built : 1908

County : Los Angeles

Subdivision: Lauderdale

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Feature Features

  • Interior Features

    CeilingFans, QuartzCounters, RecessedLighting, BedroomOnMainLevel
    Roof: Asphalt
    Appliances: Dishwasher, GasRange, Microwave, Refrigerator, WaterHeater
    Laundry Features: CommonArea, WasherHookup, ElectricDryerHookup
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1908
    Building Area Total: 1987
    Construction Materials: Asphalt, WoodSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 3315 Lot Size Acres: 0.0761 Lot Size Source: Assessor Lot Size Square Feet: 3,315 Lot Description: ZeroToOneUnitAcre

    Property Information

    Subdivision: Alamitos Beach (AB) Source Property Type: ResidentialIncome Postal Code Plus 4: 2232 Property SubType: Triplex Levels: One Property Age: 118

  • Listing Price Information

    Listing Price: $969000
    Cash, CashToNewLoan, Exchange1031, FHA

  • Tax Information

    Parcel Number: 7280001012 Tax Lot: 16 Tax Block: 60

  • Location Information

    Direction: 710 Fwy S to 6th St to N Virginia Ct., Between Magnolia Ave. & Chestnut Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1900 E 6th, Long Beach, CA, 90802 $899,000 5 3 2,624 2,624 SqFt
1530 E Appleton Street, Long Beach, CA, 90802 $1,019,000 4 2 1,602 1,602 SqFt
1116 E Appleton, Long Beach, CA, 90802 $800,000 2 -- 1,794 1,794 SqFt

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ByOwner last updated this listing 07/28/2026 @ 01:17

MLS: SB26155784 LISTED BY: Jeffrey Isenberg, Buckingham Investments, Inc 310-982-7055 SOURCE: CRMLS

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