1562 W 31st Street

Long Beach, CA 90810
$1,299,000
0.15 acres | #SB24214203
Courtesy of Keller Williams South Bay

Description

This well-maintained 4-unit property offers an excellent investment opportunity in a prime location near Silverado Park, the 710 and 405 freeways, as well as local restaurants and hospitals. The front house features 2 bedrooms and 1 bath, with sleek granite countertops, stainless steel appliances, tile flooring in the kitchen and living areas, and original hardwood floors in the bedrooms. Recently upgraded with a new roof and new solar panels, this home is energy-efficient and move-in ready. The back units consist of two 2-bedroom, 1-bath units, one 1-bedroom, 1-bath unit, and a bonus studio—ideal for additional rental income or as a guest suite. All units are thoughtfully updated and meticulously maintained. The backyard offers a peaceful space with mature trees, while the front home enjoys its own private area for added privacy. Shared outdoor patio spaces provide a relaxing setting for entertaining. Located in a desirable Westside Long Beach neighborhood, this property presents a fantastic opportunity for investors seeking modern updates, convenience, and long-term value.

  • Property Details
    • Property
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
    • Measurements
      • Acres:0.1454
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1938
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Westside/North of Willow (WNW)
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 299, 000
  • Other
    • Source
      • MLS #:SB24214203

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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