531 N Virginia Court
Long Beach, CA 90802
- – beds
- – baths
- – sqft
- 3,315 sqft lot
- 1908 build
- – on site
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 fully 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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 29, 2025
•
MLS# SB25067464 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1908
-
Year Built Source:Public Records
-
New Construction:No
-
Construction Materials:Asphalt, Wood Siding
-
Building Area Total:1987.00
-
Building Area Units:Square Feet
-
Total Number Of Units:3
-
# of Buildings:3
-
Architectural Style:Bungalow
-
Roof:Asphalt
-
Stories Total:1
-
Entry Level:1
-
Accessibility Features:None
-
Common Walls:No Common Walls
-
# of Separate Gas Meters:3
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:3
Interior
-
Features:Ceiling Fan(s), Quartz Counters, Recessed Lighting
-
Levels:One
-
Entry Location:Street
-
Flooring:Vinyl
-
Room Type:Main Floor Bedroom
-
Fireplace:No
-
Fireplace:None
-
Laundry:Common Area, Electric Dryer Hookup, Washer Hookup
-
Laundry:1
Location
-
Directions:710 Fwy S to 6th St to N Virginia Ct., Between Magnolia Ave. & Chestnut Ave.
-
Latitude:33.77353700
-
Longitude:-118.19732400
The Property
-
Property Type:Residential Income
-
Subtype:Triplex
-
Property Condition:Updated/Remodeled
-
Zoning:LBPD30
-
Lot Features:0-1 Unit/Acre
-
Lot Size Area:3315.0000
-
Lot Size Acres:0.0761
-
Lot Size SqFt:3315.00
-
Lot Size Source:Assessor
-
View:None
-
Fencing:Vinyl
-
Fence:Yes
-
Exclusions:Tenants Personal Property
-
Road Frontage:Alley, City Street
-
Road Surface Type:Alley Paved, Paved
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Block:60
-
Tax Census Tract:5759.02
-
Tax Tract:11934
-
Tax Lot:16
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:7280001012
Heating & Cooling
-
Heating:1
-
Heating:Wall Furnace
-
Cooling:No
-
Cooling:None
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
-
Included:Yes
The Community
-
Subdivision:Alamitos Beach (AB)
-
Subdivision:Alamitos Beach (AB)
-
Features:Park
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:Yes
-
Assessments:Unknown
Parking
-
Parking:Yes
-
Parking:Parking Space
-
Parking Spaces:2.00
-
Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | CRMLS_CA | $999,000 | 19.6% (3.5% / YR) |
|
9/5/19
Sep 5, 2019
|
CRMLS_CA | $835,000 | -1.5% | |
|
8/22/19
Aug 22, 2019
|
CRMLS_CA | $848,000 |
