$1,690,000
0.14 Acre Lot

817 Mira Mar Avenue, Long Beach, California 90804

  • Residential Income Property Type
  • 1961 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SB25149509
$1,690,000
1961
0.14 Acre
Active
Quadruplex
Features
: None
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Eastside (ES)
90804
Mira Mar
817
Avenue
Mira Mar Ave and E 8th St
3 - Eastside, Circle Area
LBR3S
Additional Information
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$0
$0
$0
$0
3320
: Sidewalks
1
3.0
: Two
: Cul-De-Sac
4
2025-07-07
2
2
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Christopher Van Vuuren
Listing Information
SBVANVCHR
sb1310620
Cash,Cash to New Loan,1031 Exchange
Active
2025-07-08T20:37:00Z
CRMLS
: Standard
2025-07-07T14:32:37Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069