531 N Virginia Court

Property Overview

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!

Home Details

Property type: Residential Income - Triplex
Year built: 1908
Lot size: 3,315 sq ft
Parking: 2 spaces
Stories: 1
Days on market: 35
MLS status: Active
Architectural style: Bungalow
Zoning: LBPD30

Features & Amenities

Interior

Ceiling Fans
Quartz Counters
Recessed Lighting
Bedroom On Main Level

Appliances

Dishwasher
Gas Range
Microwave
Refrigerator
Water Heater

Parking

One Space

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

Subdivision: Alamitos Beach (AB)
View: None

Utilities

Heating: WallFurnace
Cooling: None
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Long Beach, CA 90802

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Frequently Asked Questions About 531 N Virginia Court

Property type: Residential Income

The current asking price is $969,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 531 N Virginia Court. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1908. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.

The MLS currently reports the property as Active. It has been listed for 35 days. Status can change, so verify availability before relying on it.