#OC25061837, Candice Blair, Listing Office: Coldwell Banker Realty

386 Mira Mar Ave Long Beach, CA 90814
Property details
About 386 Mira Mar Ave
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.
Highlights
Summary
- Appliances: Gas Range, Refrigerator
- Flooring Type: Wood
- Interior: Crown Molding
- Fireplace: None
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Assigned, Carport, Driveway, Deck
- Architectural Style: Spanish
- Heating: Wall Furnace
- Cooling: None
- List Price: $1,975,000
- Annual Tax Amount: $32,096
- Tax Year: 2024
- Directions: West of E. 4th Street between Grand and Termino
- Year Built: 1928
- Stories: 3
- Lot Size: 0.117 Acres
- MLS Number: SB25074668
- MLS Name: CRMLS
- Office Name: Joseph Group
- Office Phone: (310) 415-4655
- Listing Agent: William Joseph
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 5/4/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,975,000
386 Mira Mar Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 23, 2022 | Home Sold | $2,413,000 |
May 07, 2001 | Home Sold | $635,000 |
Sep 24, 1992 | Home Sold | $11,500 |
Dec 27, 1989 | Home Sold | $585,000 |
Apr 07, 1989 | Home Sold | $505,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,510,485 | $32,096 |
2023 | $2,461,260 | $31,564 |
2022 | $901,643 | $11,634 |
2021 | $883,965 | $11,383 |
2020 | $874,902 | $11,221 |
2019 | $857,748 | $10,903 |
2018 | $840,930 | $10,789 |
2017 | $824,442 | $10,789 |
History based on county public records data.
Nearby schools
8
Fremont Elementary School
Public District KG-5
0.1 mi
•4000 E 4th St
5
Mann Elementary School
Public District KG-5
0.5 mi
•257 Coronado Ave
5
Willard Elementary School
Public District KG-5
0.8 mi
•1055 Freeman Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,333. Typical income of Long Beach, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 386 Mira Mar Ave in Long Beach, CA and zip code 90814 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,975,000.
In April 2025, from all listings sold in Long Beach, CA there were more than 70 sold above asking price, over 65 sold below and more than 38 were sold right at the asked price. The number of listings in Long Beach, CA increased by 7.6% between March and April 2025. The median list price of listings available in April 2025 was $839,980, while the average time on the real estate market was 33 days.