386 Mira Mar Avenue
Long Beach, CA 90814
- 9 beds
- – baths
- 4,764 sqft
- 5,095 sqft lot
- $414 per sqft
- 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.
Last checked:
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Last updated May 4, 2025
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MLS# CRSB25074668 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1928
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Other Equipment:Other
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Building Area Total:4764
Interior
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Flooring:Wood
Room Dimensions
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Living Area:4764
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Living Area Units:Square Feet
Location
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Directions:West of E. 4th Street between Grand and Termino
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:7255015004
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Zoning:LBR1
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5095
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (310) 415-4655
Taxes
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Tax Tract:5771.00
Beds
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Bedrooms Total:9
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:5
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/25
May 2, 2025
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Listed / Active | BRIDGE | $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 |