531 N Virginia Court, Long Beach, CA 90802

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$965,000

Est. payment - /mo

5 Beds

3,315 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID SB25067464

Bedrooms 5

Lot Size 3,315 Sqft

Property Sub-Type Res Income 2-4 Units

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 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. Dont miss this turnkey investment in one of Southern California's most desirable markets!

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 710 Fwy S to 6th St to N Virginia Ct., Between Magnolia Ave. & Chestnut Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 7280001012

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Listed by Jeffrey Isenberg Buckingham Investments, Inc

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

531 N Virginia Court Long Beach, CA 90802

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

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