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Stacey Alysson Melman

531 N Virginia CT
Long Beach, CA, 90802
$969,000
Beds
0 Baths
0 SqFt
0.08 Acres
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MLS #SB26155784 image #0
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!
AGENT: Jeffrey Isenberg
LISTING BROKERAGE: Buckingham Investments, Inc
531 N Virginia CT
Long Beach, CA

Property Details

Price:
$969,000
MLS #:
SB26155784
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Jul 16, 2026
Total Sq Ft:
1,987
Lot Size:
3,315 sqft / 0.08 acres (approx)
Year Built:
1908
Bungalow4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachAlamitos Beach AbNone
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Schools

Interior

Appliances
DW, MW, RF, GR, WHU
Cooling
NO
Flooring
VINY
Heating
WL
Interior Features
CF, RECL, QTZC
Laundry Features
AR, ELC, WH
Levels
A

Exterior

Accessibility Features
NO
Architectural Style
BNG
Common Walls
NCW
Community Features
PARK
Construction Materials
WOD, ASP
Fencing
VNL
Parking Spots
2
Parking Total
2
Roof
ASP
Spa Features
NO
View
NO

Financial

Gross Operating Income
$69,014
Maintenance Fee
$3,451
Net Operating Income
$60,623

Map

Community

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