825 Mira Mar Avenue, Long Beach, CA 90804 - MLS#SB25149549

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,710,000

Est. payment | -/mo

2 Beds

1 Bath

Save

$ 1,710,000

Est. payment | -/mo

Save

2 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID SB25149549

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present 825 Mira Mar Avenue, an improved four-unit property located in the Greenbelt Heights pocket of Long Beachs Recreation Park neighborhood, just north of Belmont Heights. This quiet, residential location offers tenants direct access to Recreation Parks 210 acres of open space, two golf courses, tennis courts, and the citys 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 of the four units have been significantly renovated with modern finishes, new appliances, updated flooring, and bathroom upgrades. The seller has invested approximately $75,000 in interior improvements and an additional $42,000 in exterior capital expenditures, including a full new roof installation and a brand-new wood fence. Unit D also includes a private 600+ SF fenced sun deck. With a major system upgrade already completed and two units already improved, a new owner can finish the value-add strategy by renovating the remaining units to maximize future cash flow and returns. 825 Mira Mar offers a rare mix of location, income, and upside in a supply-constrained Long Beach submarket. With two fully upgraded units, recent exterior improvements, and the potential to increase inc

Location

State CA

County Los Angeles

Zoning Assessor

Direction Mira Mar Ave and E 8th St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7254016002

Listed by Christopher Van Vuuren Lyon Stahl Investment Real Estate, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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825 Mira Mar Avenue Long Beach, CA 90804