#SB25062688, Anthony Walker, Listing Office: Buckingham Investments, Inc

531 N Virginia Ct Long Beach, CA 90802
Property details
About 531 N Virginia Ct
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 desirable markets!
Highlights
Summary
- MLS Number: SB25067464
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (818) 795-4477
- Listing Agent: Jeffrey Isenberg
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,000
531 N Virginia Ct
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 05, 2019 | Home Sold | $835,000 |
Aug 02, 2018 | Home Sold | $420,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $895,284 | $11,719 |
2023 | $877,731 | $11,521 |
2022 | $860,522 | $10,813 |
2021 | $843,650 | $10,598 |
2020 | $835,000 | $5,624 |
2019 | $420,000 | $2,367 |
2018 | $157,535 | $2,342 |
2017 | $154,447 | $2,342 |
History based on county public records data.
Nearby schools
6
Edison Elementary School
Public District KG-5
0.2 mi
•625 Maine Ave
3
Chavez Elementary School
Public District KG-5
0.3 mi
•730 W 3rd St
5
Oropeza Elementary School
Public District KG-5
0.4 mi
•700 Locust Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,616. The majority of Long Beach, CA residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 531 N Virginia Ct in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $999,000.
Long Beach, CA housing market in March 2025 saw over 58 listings sold above listed price, more than 28 sold at listed price and over 59 sold below. The inventory of homes for sale in Long Beach, CA between February and March 2025 increased by 5%. While the average time on the market in March 2025 was 32 days, the median list price was $830,250.