817 Mira Mar Avenue Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,320 sqft
Price per Sqft $509
Subdivision Eastside
MLS Listing ID SB-25149509
Year Built 1961
Lot Size 5,881 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to present 817 Mira Mar Avenue, an improved four-unit property located in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. This quiet, residential location offers tenants direct access to Recreation Park's 210 acres of open space, two golf courses, tennis courts, and the city's largest dog park. The property is minutes from Colorado Lagoon, Marine Stadium, and the shops and restaurants of 2nd Street in Belmont Shore. Nearby schools include Jefferson Leadership Academy, Wilson High School, and Cal State Long Beach-- making the area popular with students, families, and working professionals. The building features four large 2-bed/1-bath units, each with in-unit laundry, individual water heaters, and separate gas and electric meters. Two units have been extensively renovated with new kitchens, bathrooms, flooring, appliances, and laundry hookups -- over $55,000 in recent capital improvements. Unit D includes a private, 600+ SF fenced sun deck, and the property offers a total of seven parking spaces (three single-car garages with tandem driveway parking, plus one open space). By following the seller's value-add model and updating the two remaining units, a new owner can maximize rental income while minimizing long-term maintenance. 817 Mira Mar offers a rare mix of location, income, and upside in a supply-constrained Long Beach submarket. With two renovated units, solid bones, and an efficient layout, the property is well-positioned for strong cash flow and long-term growth. It's also an ideal option for an owner-user--someone who wants to live in one unit while the rental income from the other three helps cover the mortgage. Investors seeking a low-maintenance, coastal fourplex with value-add potential will find this to be a compelling opportunity.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR3S
Interior
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 3.0
Pool None
Community Features Sidewalks
Building
Lot Description Cul-De-Sac
Sewer Public Sewer