1562 W 31st Street, Long Beach, CA 90810
Local realty services provided by:CENTURY 21 Masters
1562 W 31st Street,Long Beach, CA 90810
$1,249,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: john hernandez-ball
Office: keller williams realty
MLS#:SB26112414
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,249,000
About this home
Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , 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. Property has an assumable loan at 2.5 percent interest rate.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...
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Home facts
- Listing ID #:SB26112414
- Added:63 day(s) ago
- Updated:July 27, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window, Zoned Area(s)
- Heating:Zoned Areas
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$1,249,000
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