386 Mira Mar Avenue, Long Beach, CA 90814 - Berkshire Hathaway HomeServices California Properties

386 Mira Mar Avenue, Long Beach, CA 90814

$1,975,000 Approx. USD 0 beds, 0 baths

Listing Agent


William Joseph | will@josephgrp.com
Lic#: 01934991
Broker: Courtesy of Joseph Group

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active Under Contract
MLS# SB25074668
Price: $1,975,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1928
0.12 acres
Lot size: 0.1170
Subdivision: Belmont Heights (BH)
County: Los Angeles
Property style: Spanish
Zoning: LBR1N
Construction: Stucco
Interior features: Crown Molding
Appliances: Gas Range,Refrigerator
Parking description: Assigned,Carport,Driveway,Deck
Lot description: TwoToFiveUnitsAcre
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 2 - Belmont Heights, Alamitos Heights

Last Updated: 6/13/2025

 Days On Market (DOM): 42

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This listing belongs to the 2 - Belmont Heights, Alamitos Heights MLS area

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The style of this listing is Spanish.
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Lat/Long: 33.771276, -118.146928.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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