$1,975,000

386 Mira Mar Ave Long Beach, CA 90814

$10,000
Closing credit¹
0.1 acres
Multi-Family

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

Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.117 Acres
Year built1928
ParkingAssigned, Carport, Driveway, Deck
MLS #SB25074668
Garage3 spaces

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

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of house featuring stucco siding and a tiled roof

$1,975,000

386 Mira Mar Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

24%
<35k
37%
35k-100k
28%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
5%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
50%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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