$1,249,000
1562 W 31st Street, Long Beach CA 90810
Multi-Family (Duplex)
Property type
23 days
On market
$483
Price per sqft
0 cars
Garage
1938
Year built
6,334 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: John Hernandez-Ball DRE #01966011 310-248-0272, Keller Williams Realty
Listing updated: Jun 5, 2026 at 03:43am.
Last checked: Jun 13, 2026 at 02:30pm
Source: CRMLS #SB26112414
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,000 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Separate Electric Meters: 0
Separate Gas Meters: 0
Separate Water Meters: 0
Rent Control: No
Total Actual Rent: $0
Financial Snapshot
Gross Rent Multiplier
9.5x
List Price / Annual Gross Rent
Cap Rate
8.6%
NOI / List Price
Gross Scheduled Income: $132,000
Operating Expense: $24,120
Net Operating Income: $107,880
Annual Operating Expenses
Electric: $1,200
Fuel: $0
Insurance: $2,400
Maintenance: $1,800
New Taxes: $15,600
Professional Management: $0
Trash: $0
Water / Sewer: $3,120
Other Expense: $4,800
Interior
Flooring: Tile, Vinyl, Wood
Cooling: Wall Window Units, Zoned
Heating: Wall Furnace, Zoned
Fireplace: None
Laundry: Inside, Outside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One, Two
Roof: Asbestos Shingle
Property Condition: Additions Alterations, Updated Remodeled
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: RV Parking
Garage Spaces: 0
Uncovered Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7312028005
Additional Parcels: No
Tax Lot: 53
Zoning: LBR1N
Subdivision: Westside/North of Willow (WNW)
Community
Senior Community: No
Community Features: Biking, Dog Park, Gutters, Storm Drains