$999,000

531 N Virginia Ct Long Beach, CA 90802

$10,000
Closing credit¹
0.08 acres
Multi-Family

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

Home typeTriplex
HeatingWall Furnace
StatusActive
Lot size0.0761 Acres
Year built1908
ParkingOne Space
MLS #SB25067464

Summary

  • MLS Number: SB25067464
  • MLS Name: CRMLS
  • Office Name: Buckingham Investments, Inc
  • Office Phone: (818) 795-4477
  • Listing Agent: Jeffrey Isenberg

IDX 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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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 05, 2019
Home Sold
$835,000
Aug 02, 2018
Home Sold
$420,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

48%
<35k
40%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
13%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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