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386 Mira Mar Avenue

Long Beach, CA 90814

– beds
– baths
– sqft
5,095 sqft lot
1928 build
– on site

386 Mira Mar Avenue presents a rare opportunity to acquire a trophy Spanish Revival fourplex, offering a strong cap rate of over 4% and a pro forma cap rate of 4.85% in the highly sought-after Belmont Heights neighborhood. This 4,764 SF property, situated on a 5,095 SF lot, features an attractive unit mix of three 2BD/1BA units and one 3BD/2BA unit each showcasing charm with hardwood flooring, tiled kitchens and bathrooms and in-unit laundry hookups. A sundeck at the rear of the property provides excellent outdoor space. Each unit is separately metered for gas and electricity, with tenants responsible for all utilities except water/sewer, trash, and gardening services. The property also offers ample parking, including (3) assigned garage spaces and (1) assigned carport spaces. This prime location has a walk score of 89 and grants convenient access to the vibrant 4th Street corridor, home to boutique retail, popular cafes, and established nightlife.

Listed By CRMLS_CA / William Joseph / Joseph Group / 310-415-4655

Last checked: Checking… • Last updated May 4, 2025 •

MLS# SB25074668 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1928
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

4764.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Architectural Style:

Spanish
Roof:

Asphalt, Tile
Stories Total:

3
Entry Level:

1
Common Walls:

2+ Common Walls
Faces:

North
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Features:

Crown Molding
Levels:

Three Or More
Entry Location:

1st
Flooring:

Wood
Room Type:

Kitchen
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

West of E. 4th Street between Grand and Termino
Latitude:

33.77127600
Longitude:

-118.14692800

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LBR1N
Lot Features:

2-5 Units/Acre
Lot Size Area:

5095.0000
Lot Size Acres:

0.1170
Lot Size SqFt:

5095.00
Lot Size Source:

Assessor
View:

None
Fencing:

Stucco Wall
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Other Structures:

Storage
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5771.00
Tax Tract:

3760
Tax Lot:

15

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7255015004

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Range, Refrigerator
Included:

Yes

The Community

Subdivision:

Belmont Heights (BH)
Subdivision:

Belmont Heights (BH)
Features:

Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned, Carport, Deck, Driveway
Parking Spaces:

5.00
Garage Spaces:

3.00
Uncovered Spaces:

1.00
Carport Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	CRMLS_CA	$1,975,000	-18.2% (-6.2% / YR)
3/27/25 Mar 27, 2025	Listed / Active	BRIDGE
3/1/25 Mar 1, 2025	Sold Subject To Contingencies	BRIDGE

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This multifamily located in Belmont Heights, Long Beach, CA 90814 is currently for sale for $1,975,000. 386 Mira Mar Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. 386 Mira Mar Avenue is in the Belmont Heights neighborhood of Long Beach and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Fremont Elementary School, Wilson High School, and Rogers Middle School.

Listing Courtesy of: CRMLS_CA and Joseph Group. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on May 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.