531 N Virginia Court
Long Beach, CA 90802
- 5 beds
- – baths
- 1,987 sqft
- 3,315 sqft lot
- $502 per sqft
- 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 mark
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Last updated Apr 1, 2025
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MLS# CRSB25067464 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1908
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Building Area Units:Square Feet
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Construction Materials:Wood Siding
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Other Equipment:Other
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Building Area Total:1987
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:1987
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Living Area Units:Square Feet
Location
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Directions:710 Fwy S to 6th St to N Virginia Ct., Between Mag
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Exterior Features:Other
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Parcel Number:7280001012
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Zoning:LBPD
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Lot Size Area:0.08
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Lot Size Acres:0.08
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Lot Size SqFt:3315
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Vinyl
Listing Agent
- Contact info:
- Agent phone:
- (310) 982-7055
Taxes
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Tax Tract:5759.02
Beds
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Bedrooms Total:5
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Other
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 | BRIDGE | $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 |
