531 N Virginia CT new

Long Beach,CA 90802

$ 999000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25067464

Style Bungalow

Year Built 1908

Lot Size 3,315 Sqft

Property Sub-Type Triplex

Property Description

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 des

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Rooms

Kitchen Dishwasher,Microwave,Oven Range - Gas,Refrigerator

Interior

Heating Wall Furnace

Cooling None

Laundry Laundry Area,30,9

Exterior

Parking Features Parking Area

Garage Spaces 2.0

Pool 31,None

View None

Roof Type 2

Building

Story One Story

Water Hot Water,District - Public

Others

Special Listing Condition Not Applicable

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