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$1,249,000
New Listing

1562 W 31st Street
Long Beach, CA 90810

For Sale|Duplex|Active
0
Beds
0
Total Baths
2,586
SqFt
$483
/SqFt
1938
Built
Subdivision:
Westside/North of Willow (WNW)
County:
Los Angeles
Listed by John Hernandez-Ball of Keller Williams Realty [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1562 W 31st Street1562 W 31st Street1562 W 31st Street1562 W 31st Street
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Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces plus a bonus flex unit, offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. The property also includes a bonus flex space ideal for a home office, gym, studio, storage, or creative workspace. Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Located in a very desirable area of Westside Long Beach and just minutes from the beach and ocean. Rare opportunities featuring new ADUs, multiple residences, bonus space, courtyard living, and vacant delivery are increasingly hard to find.

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Listing Snapshot
Price 
$1,249,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,586 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1454 Acres
Year Built 
1938
MLS® Number 
SB26112414
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1454
Energy Features 
Solar
Land Lease 
No
Levels 
OneTwo
Number Of Stories 
1
Parking 
RV Access/Parking
Parking Spaces 
5
Property Condition 
Updated/Remodeled
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2586
Water Source 
Public
Zoning 
LBR1N
Interior Features
Cooling 
Wall/Window Unit(s)Zoned
Fireplace Features 
None
Flooring 
TileVinylWood
Heating 
Wall FurnaceZoned
Laundry Features 
InsideOutside
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Exterior Features
Pool Features 
None
Roof 
Asbestos Shingle
Spa Features 
None
Community Features
Association Amenities 
Dog Park
Building Access 
1
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
11 - Westside


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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