We are pleased to present 825 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 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 income through future renovations, the property is well-positioned for 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 well-located, low-maintenance coastal fourplex with long-term upside will find this to be a compelling opportunity.
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DAYS ON MARKET
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1
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LAST UPDATED
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7/7/2025
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TRACT
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Eastside (ES)
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YEAR BUILT
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1961
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COMMUNITY
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3 - Eastside, Circle Area
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GARAGE SPACES
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3.0
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COUNTY
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Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
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Residential Income
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| AREA |
3 - Eastside, Circle Area |
| GARAGE |
Yes |
| LOT |
5846 sq ft |
| LOT DESCRIPTION |
Cul-De-Sac |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Eastside (ES) |
| WATER |
Public |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/8/25 4:00 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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