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Listed by John Hernandez-Ball, DRE #01966011 • Keller Williams Realty
$1,249,000
Est. payment /mo
6,334 Sqft Lot
Active
1562 W 31st ST Long Beach, CA 90810
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26112414
Year Built 1938
Lot Size 6,334 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lea
Location
State CA
County Los Angeles
Area 11 - Westside
Interior
Heating 13, Wall Furnace
Cooling Window / Wall Unit, 9
Laundry Other
Exterior
Parking Features RV Access
Garage Spaces 5.0
Pool 31, None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 7312028005
Special Listing Condition Not Applicable
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