Long Beach, CA 90803 207 Mira Mar Avenue

207 Mira Mar Avenue Long Beach, CA - Image 1207 Mira Mar Avenue Long Beach, CA - Image 2207 Mira Mar Avenue Long Beach, CA - Image 3
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Presented By: Larson Harley with Lyon Stahl Investment Real Estate, Inc.; 949-933-1112
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25148798
  • 07/02/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 5
  • SQFT • 3,592
  • Garage • 2

Home Details

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.
Presented By: Larson Harley with Lyon Stahl Investment Real Estate, Inc.; 949-933-1112

Interior Features for 207 Mira Mar Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 207 Mira Mar Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesGolf, Park, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsOne parcel north from the corner of 2nd St and Mira Mar Avenue.
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income124500.0
HOANo
Home Warranty Y/NNo
Insurance Expense3592.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet3780.0
Lot Size UnitsSquareFeet
MLS Area2 - Belmont Heights, Alamitos Heights
Maintenance Expense2500.0
MobileHomeRemainsYNNo
Net Operating Income79723.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces2.0
Operating Expense44777.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameBelmont Heights (BH)
Tax Lot25
Taxes$28,890
Total Actual Rent10075.0
Trash Expense0.0
Water Sewer Expense0.0
Year Built1922
Year Built SourceAssessor
ZoningLBR4R

Exterior for 207 Mira Mar Avenue

Building Area Total3592.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.0868
Lot Size Area3780.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,250,000
MLS#SB25148798
List Date 07/02/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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