386 Mira Mar Avenue, Long Beach, CA 90814

Local realty services provided by:Better Homes and Gardens Real Estate Registry
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386 Mira Mar Avenue,Long Beach, CA 90814
$1,975,000
  • 9 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:william joseph
Office:joseph group
MLS#:SB25074668
Source:SANDICOR

Price summary

  • Price:$1,975,000

About this home

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.

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Home facts

  • Listing Id #:SB25074668
  • Added:109 day(s) ago
  • Updated:August 20, 2025 at 07:24 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5

Structure and exterior

  • Roof:Tile/Clay

Finances and disclosures

  • Price:$1,975,000
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