Homes for sale - 386 Mira Mar AVE, Long Beach, CA 90814

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JLee Broker

[email protected] +1(650) 857-1000

Listed by William Joseph • Joseph Group

$1,975,000

Est. payment - /mo

5,095 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25074668

Style Spanish

Originating Board California Regional MLS

Year Built 1928

Lot Size 5,095 Sqft

Property Sub-Type Fourplex

Property Description

386 Mira Mar Avenue presents a rare opportunity to acquire a trophy Spanish Revival fourplex, offering a strong cap rate of over 4% and a pro forma cap rate of 4.85% in the highly sought-after Belmont Heights neighborhood. This 4,764 SF property, situated on a 5,095 SF lot, features an attractive unit mix of three 2BD/1BA units and one 3BD/2BA unit each showcasing charm with hardwood flooring, tiled kitchens and bathrooms and in-unit laundry hookups. A sundeck at the rear of the property provides excellent outdoor space. Each unit is separately metered for gas and electricity, with tenants responsible for all utilities except water/sewer, trash, and gardening services. The property also offers ample parking, including (3) assigned garage spaces and (1) assigned carport spaces. This prime location has a walk score of 89 and grants convenient access to the vibrant 4th Street corridor, home to boutique retail, popular cafes, and established nightlife.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Rooms

Kitchen Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Laundry Gas Hookup, 30

Exterior

Parking Features Assigned Spaces, Carport , Parking Deck, Other

Garage Spaces 5.0

Pool 31, None

View None

Roof Type 2,Tile

Building

Story Three or More Stories

Water District - Public

Architectural Style Spanish

Others

Tax ID 7255015004

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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386 Mira Mar AVE Long Beach, CA 90814

JLee Broker

Key Details

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Interior

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