386 Mira Mar Avenue

Long Beach, CA 90814

$2,395,000
Price
9
Beds
5
Baths
4,764 Sq. Ft.
$503 / Sq. Ft.
4,764
Sq. Ft.
$503
per Sq. Ft.

Description

Discover the timeless elegance of this meticulously preserved 1928 Spanish Fourplex. This property seamlessly blends modern conveniences with historic charm, maintaining the architectural integrity and beauty of its era. Extensive renovations have faithfully replicated the original features, ensuring an authentic Spanish experience.Each of the four units offers unique character and comfort. With a mix of 3 two-bedroom, one-bath units and 1 three-bedroom, two-bath unit, the Fourplex features hardwood...Discover the timeless elegance of this meticulously preserved 1928 Spanish Fourplex. This property seamlessly blends modern conveniences with historic charm, maintaining the architectural integrity and beauty of its era. Extensive renovations have faithfully replicated the original features, ensuring an authentic Spanish experience.Each of the four units offers unique character and comfort. With a mix of 3 two-bedroom, one-bath units and 1 three-bedroom, two-bath unit, the Fourplex features hardwood floors, tiled kitchens and baths, and original Art Deco lighting fixtures. Additional amenities include vintage stoves, updated dishwashers and refrigerators, and new hot water tanks. The original windows and vintage laundry room floors add to the period charm.The property also boasts a covered roof patio over three garages, perfect for relaxation and entertainment. Long-term tenants highlight the desirability and uniqueness of this historic gem.Embrace a rare opportunity to own a piece of history where the past and present harmoniously coexist. This Fourplex is a true testament to Spanish architectural beauty and modern functionality.

Listing Agents

  1. Henry Horn

    Henry Horn

    Listing Agent

    Compass

    DRE #01707653

    henry.horn@compass.com

    P: (424)-279-2910

  2. Kriszta Bodzsar

    Kriszta Bodzsar

    Alternative Listing Agent

    Compass

    DRE #02138706

Property Details for 386 Mira Mar Avenue

Water Front
None
Zoning
LBR1N
Style
Spanish
Parcel Number
7255015004
Total Units
4.0
Living Area
4764
Source Living Area
Vendor Enhanced
Area
Belmont Heights, Alamitos Heights (2)
LISTING UPDATED: 11/01/2024 01:00 PM

Property Details for 386 Mira Mar Avenue

StatusActive
MLS #24-402469
Days on Market195
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.12 AC / 5,095 SF
CountyLos Angeles County

Building Information for 386 Mira Mar Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.12 AC / 5,095 SF

Property Information for 386 Mira Mar Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: No
  • View Description: None
  • View: None
  • Entry Floor Number: 1
  • Security Features: None
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: Yes
  • Water Heater Features: Central Water Heater
  • Building Permit: Yes
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $137,940
  • Net Operating Income: $97,005.00
  • Gross Income: $137,940
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $17.36
  • Actual Annual Gross Rent: $137,940.00
  • Actual Gross Annual Income: $137,940
  • Actual Rent Total: $137,940.00
  • Financial Info as Of: 05/31/2024
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 40935
  • Water Expense: $2,244.00
  • Tax Expense: $33,735
  • Gardener Expense: $1,680
  • Insurance Expense: $3,276
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.117
  • Lot Size Square Feet: 5095
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Washer, Dryer
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range, Oven
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Roof: Spanish Tile
  • Sprinklers: Drip System, Sprinkler System
  • Patio Features: Covered
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-10-2024
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $24,000.00
  • Unit Projected Rent: $31,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $25,200.00
  • Unit Projected Rent: $31,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,695.00
  • Unit Actual Rent: $44,340.00
  • Unit Projected Rent: $44,340.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $23,400.00
  • Unit Projected Rent: $31,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Dishwasher: 4
  • Number of Disposal: 3
  • Number of Drapes: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 4
  • Number Patio: 1
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $859,860.00
  • Assessed Improvement Percent: 34.94
  • Assessed Land Value: $1,601,400.00
  • Assessed Land Percent: 65.06
  • Assessed Total Value: $2,461,260.00

Property History for 386 Mira Mar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 386 Mira Mar Avenue

Taxable ValueLand$1,633,428Additions$877,057Total$2,510,485
Tax Record2024$32,096 ($2,675 / month)
Home Facts
Total Finished SqFt4,764 SqFtAbove Grade Finished SqFt4,764 SqFtLot Size5,095 SqFtStyleQuadraplexYear Built1928ZoningLBR1NCountyLOS ANGELESAPN7255-015-004

Schools near 386 Mira Mar Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fremont Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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386 Mira Mar Avenue is a multi-family home for sale in Long Beach, CA 90814. This property was listed for sale on June 10, 2024 by Compass, it's currently listed at $2,395,000. It has been on the market for a total of 195 days and was last sold on May 23, 2022. This listing's school district is Long Beach Unified School District. Nearby schools include Fremont Elementary School, Rogers Middle School and Wilson High School. 386 Mira Mar Avenue is a 9-bed, 5-bath, 4,764 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Henry Horn, DRE #01707653; Compass, Kriszta Bodzsar, DRE #02138706

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.