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We are pleased to present 817 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 units have been extensively renovated with new kitchens, bathrooms, flooring, appliances, and laundry hookups "” over $55,000 in recent capital improvements. Unit D includes a private, 600+ SF fenced sun deck, and the property offers a total of seven parking spaces (three single-car garages with tandem driveway parking, plus one open space). By following the seller's value-add model and updating the two remaining units, a new owner can maximize rental income while minimizing long-term maintenance. 817 Mira Mar offers a rare mix of location, income, and upside in a supply-constrained Long Beach submarket. With two renovated units, solid bones, and an efficient layout, the property is well-positioned for strong cash flow and 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 low-maintenance, coastal fourplex with value-add potential will find this to be a compelling opportunity.
Property Type(s):
Residential Income
| Last Updated | 7/7/2025 | Tract | Eastside (ES) |
|---|---|---|---|
| Year Built | 1961 | Community | 3 - Eastside, Circle Area |
| Garage Spaces | 3.0 | County | Los Angeles |
Additional Details
| AREA | 3 - Eastside, Circle Area |
|---|---|
| GARAGE | Yes |
| LOT | 5881 sq ft |
| LOT DESCRIPTION | Cul-De-Sac |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Eastside (ES) |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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