$1,299,000
For Sale

1562 W 31st Street

Long Beach, CA 90810
0.15 acres | #SB24214203
Listing OfficeKeller Williams South Bay
Browse 53 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories1
    • Measurements
      • Acres0.1454
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1938
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWestside/North of Willow (WNW)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,299,000
  • Other
      • MLS #SB24214203

Location

Marco AsaroReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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