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114 Mira Mar Ave, Long Beach, CA 90803
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114 Mira Mar Ave Long Beach, CA 90803

$1,550,000 Sold Price as of 10/12/2021
  • 6 Beds
  • 4 Baths
  • 3,248 Sq.Ft.
Sold
$1,550,000 Sold Price as of 10/12/2021 Refinance Your Mortgage
Map preview of 114 Mira Mar Ave, Long Beach, CA 90803

Property Overview: 114 Mira Mar Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 3,248 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Four (4) unit property consisting of Front House with Two bedrooms, One bath, bonus room w/laundry hook ups, small fenced rear yard, detached one car garage + storage below the studio unit. Middle building with Studio, One bath unit above garage and shared laundry room. Rear building with Two bedroom, One bath unit upstairs and Two bedroom, One bath unit downstairs. Alley behind property. Driveway is only used by Front house resident. All rents are below market and future upside potential (pro Forma) to be determined/estimated by prospective purchaser. All tenants are on a month-to-month tenancy subject to current tenant protections, caps, etc.. Common water meter, Landlord pays all utilities for Unit A. Property to be sold in it's Present "As-Is" Condition subject to tenants rights. Drive by only - Subject to interior inspection. Please respect the rights of the residents. Please submit all offers on CAR forms. Seller requests choice of services. Please call directly for additional information....

Listed by Gary Endo | BRE #00878613 | Duke & Associates
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Fourplex
Status
Sold
MLS#
RS21188328
City
Long Beach
County
Los Angeles
Time on Site
991 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,940
  • Net Operating Income: $50,358
  • Gross Operating Income: --
  • Laundry Income: $850
  • Laundry Own/Lease: Lease
  • Other Income Description: Laundry from WASH, INc.
Annual Expense Breakdown
  • Total Operating Expense: $21,582
  • Trash: $0
  • Insurance: $2,134
  • Water/Sewer: $1,883

Property Details for 114 Mira Mar Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway, Garage Faces Side, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7256010004
  • Year Built Source: Assessor
  • Foundation Details: Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
  • Property is not Attached
  • Accessibility Features: See Remarks
  • Offered With Property: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: South of 2nd Street & West of Termino Avenue
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 114 Mira Mar Ave

Last sold for $1,550,000 on October 12th, 2021

  • September, 2021

  • Sep 4, 2021

    Date

    Pending

    CRMLS: RS21188328

    $1,650,000

    Price

  • Aug 31, 2021

    Date

    Active

    CRMLS: RS21188328

    $1,650,000

    Price

  • July, 2018

  • Jul 24, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 114 Mira Mar Ave

Assessed Value (2020): $356,577
Year Land Value Improved Value Assessed Value
2020 $194,074 $162,503 $356,577

Home Value Compared to the Market

This property vs the competition

114 Mira Mar Ave sold on October 12, 2021 for 106.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $508 per/sqft which puts the price per square foot 19.62% lower than the current median sale per square foot for the city of Long Beach.

About 114 Mira Mar Ave

Detailed summary of property

114 Mira Mar Ave is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,248 living square feet, and sits on an approximately 6,501 square foot lot. 114 Mira Mar Ave was first listed on ArdentRealEstateGroup.com on August 31, 2021. The homeowner sold the property for $1,550,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 106.25% higher than the current median priced home. Local homes that are currently for sale include 1761 Redondo Ave, 1615 Cherry Ave and 1120-1124 E Hellman St. While the average home in Long Beach, CA is selling in 51 days, 114 Mira Mar Ave has a days on market of 3 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 114 Mira Mar Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 114 Mira Mar Ave

Public county record property details
Beds
7
Baths
4
Year built
1922
Sq. Ft.
3,248
Lot Size
6,501
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7256-010-004

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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