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Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
$ 1,690,000
Est. payment | /mo
5,881 Sqft Lot
$ 1,690,000
Est. payment | /mo
5,881 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25149509
Year Built 1961
Lot Size 5,881 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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-
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Other
Exterior
Garage Spaces 7.0
Pool None
Building
Lot Description Corners Marked
Water District - Public
Others
Tax ID 7254016003
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884