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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
$ 2,250,000
Est. payment /mo
New
207 Mira Mar Avenue Long Beach, CA 90803
3,592 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 3,592 sqft
Price per Sqft $626
Subdivision Belmont Heights
MLS Listing ID SB-25148798
Year Built 1922
Lot Size 3,780 Sqft
Property Sub-Type Commercial/Residential
Property Description
We are pleased to present 207 Mira Mar Avenue, Long Beach. This pride-of-ownership asset consists of five 1-bedroom/1-bathroom units only two blocks from the beach in the highly desirable Belmont Shore neighborhood. All five units are fully or partially remodeled, generating over $10,000 in monthly gross income. The property features significant capital improvements, including copper plumbing, a new electrical panel, new decks and railings, an updated roof with silicone coating, and newly installed gates and bike racks. Additionally, two single-car garages (400 sq ft) and a storeroom with plumbing (140 sq ft) on the lower-level present tremendous potential for ADU conversion (buyer to verify). Located in a high-demand rental market driven by proximity to the beach, recreational amenities, and Long Beach's thriving economy, this exceptional property combines stable cash flow with future growth potential, making it an ideal addition to any investment portfolio.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR4R
Interior
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Golf, Park, Sidewalks
Building
Lot Description Landscaped
Sewer Public Sewer