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Listed by Jeffrey Isenberg, DRE #02059354 • Buckingham Investments, Inc
$969,000
Est. payment /mo
3,315 Sqft Lot
New
531 N Virginia CT Long Beach, CA 90802
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26155784
Style Bungalow
Year Built 1908
Lot Size 3,315 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Prime Investment Opportunity in Long Beach! This updated 3-unit property offers long-term value and reliable income less than 1/2 mile to the heart of downtown and less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with newer roofs and plumbing upgrades make for a unique opportunity at this price point. Perfect scenario to live in one unit and offset the mortgage by renting the other two. 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. 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!
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
Architectural Style Bungalow
Others
Tax ID 7280001012
Special Listing Condition Not Applicable
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