817 Mira Mar Ave - Apartments FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$1,690,000 USD
714-655-0098
817 Mira Mar Ave, Long Beach, CA for Sale
$1,690,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

817 Mira Mar Ave
Long Beach, CA 90804
Eastside Long Beach


OVERVIEW

The Van Vuuren Investment Group of Lyon Stahl is 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. 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). 817 Mira Mar offers a rare mix of location, income, and upside in a supply-constrained Long Beach submarket. With two renovated units, solid bones, and an efficient layout, the property is well-positioned for strong cash flow and long-term growth. It’s also an ideal option for an owner-user—someone who wants to live in one unit while the rental income from the other three helps cover the mortgage. Investors seeking a low-maintenance, coastal fourplex with value-add potential will find this to be a compelling opportunity.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$509 USD /SF

# OF UNITS

4

PRICE/UNIT

$422,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,959 SF

ZONING

R3

APN/PARCEL ID

7254-016-003

ASK ABOUT THIS PROPERTY

Chris van VuurenLyon Stahl Investment Real EstateMore Info
714-655-0098

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Chris van VuurenLyon Stahl Investment Real EstateMore Info
714-655-0098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.