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For sale
    • Listed by: Buckingham Investments, Inc • Jeffrey Isenberg • Contact: 310-982-7055
    $969,000

    531 N Virginia Ct, Long Beach, CA 90802

    5beds
    3baths
    1,987sqft
    : 
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    Triplex
    Built in 1908
    -- sqft lot
    $956,500 Zestimate®
    $488/sqft
    $-- HOA

    What's special

    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!
    2 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Isenberg DRE #02059354 818-795-4477,

    Buckingham Investments, Inc

    Source: CRMLS,MLS#: SB26155784MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: Bedroom on Main Level
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
      • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup
      Features
      • Ceiling Fan(s), Quartz Counters, Recessed Lighting, Bedroom on Main Level
      • Flooring: Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,987
      • Total interior livable area: 1,987 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: One Space
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Street
      • Pool features: None
      • Spa features: None
      • Fencing: Vinyl
      • Has view: Yes
      • View description: None
      Lot
      • Size: 3,315 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 7280001012
      • Zoning: LBPD30
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Triplex
      Materials
      • Asphalt, Wood Siding
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Park
      • Subdivision: Alamitos Beach (Ab)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $488/sqft
      • Tax assessed value: $840,000
      • Annual tax amount: $11,322
      • Date on market: 7/16/2026
      • Cumulative days on market: 3 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange,FHA
      • Exclusions: Tenants Personal Property
      • Total actual rent: 5929
      • Tenant pays: Electricity, Gas
      • Road surface type: Alley Paved, Paved

        Estimated market value

        $956,500

        $909,000 - $1.00M

        $1,848/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$969,000+16%$488/sqft
        Source: CRMLS #SB26155784 Report a problem
        8/21/2020Listing removed$1,550$1/sqft
        Source: Go Section8 Report a problem
        7/23/2020Listed for rent$1,550-18.2%$1/sqft
        Source: Go Section8 Report a problem
        9/5/2019Sold$835,000-1.5%$420/sqft
        Source: CRMLS #PW19159296 Report a problem
        8/8/2019Pending sale$848,000$427/sqft
        Source: First Team Real Estate #PW19159296 Report a problem
        7/6/2019Listed for sale$848,000+101.9%$427/sqft
        Source: First Team Real Estate #PW19159296 Report a problem
        4/28/2019Listing removed$1,895$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/28/2019Listed for rent$1,895$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/2/2018Sold$420,000-8.1%$211/sqft
        Source: Public Record Report a problem
        4/25/2018Pending sale$457,000$230/sqft
        Source: Keller Williams Realty #PW18035867 Report a problem
        4/5/2018Price change$457,000-8.2%$230/sqft
        Source: Keller Williams Realty #PW18035867 Report a problem
        3/10/2018Price change$498,000-9.1%$251/sqft
        Source: Keller Williams Realty #PW18035867 Report a problem
        2/16/2018Listed for sale$548,000$276/sqft
        Source: Keller Williams Rlty Whittier #PW18035867 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,322 -3.4%$840,000 -6.2%
        2024$11,719 +1.7%$895,284 +2%
        2023$11,521 +6.5%$877,731 +2%
        2022$10,814 +2%$860,522 +2%
        2021$10,599 +0.3%$843,650 +1%
        2020$10,571 $835,000 +98.8%
        2019$10,571 +346.5%$420,000 +166.6%
        2018$2,368 $157,535 +2%
        2017$2,368 +1.1%$154,447 +2%
        2016$2,342 +7.6%$151,420 +1.5%
        2015$2,176 +3.6%$149,146 +2%
        2014$2,100 $146,226 +2.5%
        2012-- $142,712 +2%
        2011-- $139,914 +0.8%
        2010-- $138,870 -0.2%
        2009-- $139,201 +6.1%
        2005-- $131,175 +4%
        2004-- $126,083 +1.9%
        2003-- $123,773 +2%
        2002-- $121,347
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        92 / 100
        Walker's Paradise
        73 / 100
        Excellent Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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