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Residential Income — 817 Mira Mar, Long Beach, CA

$1,649,000

817 Mira Mar, Long Beach, CA

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About this property

Well-located 4-unit income property in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. All four units are large 2-bed/1-bath floor plans with in-unit laundry, an individual water heater, and separate gas and electric meters. Two units are fully renovated with new kitchens, baths, flooring, appliances, and laundry hookups; the other two are occupied by long-term residents. Unit D includes a private, 600+ SF fenced sun deck. Seven total parking spaces: 3 single-car garages with tandem driveway parking, plus 1 open space. Currently producing $115,260 in annual rent. Ideal owner-user play – live in one unit and let the other three help cover the mortgage (FHA/conventional financing may apply on 4 units or fewer – verify with lender). Minutes to Recreation Park, Colorado Lagoon, Marine Stadium, Belmont Shore's 2nd Street, CSULB, and Wilson High School. Buyer to verify all information.

Property details

Year built
1961
Property type
Residential Income
Lot size
5,881 sqft

Location

817 Mira Mar • Long Beach, CA 90804

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Listed by

Christopher Van Vuuren · Lyon Stahl Investment Real Estate, Inc.

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