531 N Virginia Ct Long Beach, CA 90802
West Village NeighborhoodEstimated payment $6,265/month
Highlights
- 0.08 Acre Lot
- Park
- Bungalow
- Quartz Countertops
- Recessed Lighting
- Ceiling Fan
About This Home
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!
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 818-795-4477 License #02059354 Listed on: 07/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908 | Remodeled
Lot Details
- 3,315 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Vinyl Fence
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Bungalow
- Entry on the 1st floor
- Asphalt Roof
- Wood Siding
- Asphalt
Interior Spaces
- 1,987 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Vinyl Flooring
- Washer and Electric Dryer Hookup
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Available
- Parking Lot
Utilities
- Wall Furnace
- Water Heater
Listing and Financial Details
- Legal Lot and Block 16 / 60
- Tax Tract Number 11934
- Assessor Parcel Number 7280001012
- $600 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,940
- Maintenance Expense $3,451
- Pest Control $600
- Water Sewer Expense $2,500
- Operating Expense $8,391
- Gross Income $69,014
- Net Operating Income $60,623
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,322 | $856,800 | $550,800 | $306,000 |
| 2025 | $11,322 | $840,000 | $540,000 | $300,000 |
| 2024 | $11,719 | $895,284 | $536,099 | $359,185 |
| 2023 | $11,521 | $877,731 | $525,588 | $352,143 |
| 2022 | $10,814 | $860,522 | $515,283 | $345,239 |
| 2021 | $10,599 | $843,650 | $505,180 | $338,470 |
| 2020 | $10,571 | $835,000 | $500,000 | $335,000 |
| 2019 | $5,624 | $420,000 | $295,000 | $125,000 |
| 2018 | $2,368 | $157,535 | $61,882 | $95,653 |
| 2017 | $2,342 | $154,447 | $60,669 | $93,778 |
| 2016 | $2,176 | $151,420 | $59,480 | $91,940 |
| 2015 | $2,098 | $149,146 | $58,587 | $90,559 |
| 2014 | $2,100 | $146,226 | $57,440 | $88,786 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $969,000 | +16.0% | $488 / Sq Ft | |
| 09/05/2019 09/05/19 | Sold | $835,000 | -1.5% | $420 / Sq Ft | View Prior Sale |
| 08/03/2019 08/03/19 | Pending | -- | -- | -- | |
| 07/05/2019 07/05/19 | For Sale | $848,000 | +101.9% | $427 / Sq Ft | |
| 08/02/2018 08/02/18 | Sold | $420,000 | -8.1% | $211 / Sq Ft | View Prior Sale |
| 04/25/2018 04/25/18 | Pending | -- | -- | -- | |
| 04/05/2018 04/05/18 | Price Changed | $457,000 | -8.2% | $230 / Sq Ft | |
| 03/10/2018 03/10/18 | Price Changed | $498,000 | -9.1% | $251 / Sq Ft | |
| 02/15/2018 02/15/18 | For Sale | $548,000 | -- | $276 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $835,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $420,000 | Fidelity National Title Comp | |
| Interfamily Deed Transfer | -- | Gateway Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $584,500 | New Conventional | |
| Previous Owner | $315,000 | Commercial | |
| Previous Owner | $25,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26155784
APN: 7280-001-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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