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386 Mira Mar Ave, Long Beach, CA 90814
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386 Mira Mar Ave Long Beach, CA 90814

$2,699,000
  • 9 Beds
  • 5 Baths
  • 4,764 Sq.Ft.
For Sale
$2,699,000 Get Pre-Qualified
Map preview of 386 Mira Mar Ave, Long Beach, CA 90814

Property Overview: 386 Mira Mar Ave Long Beach, CA has 9 bedrooms, 5 bathrooms, 4,764 living square feet and 5,095 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Experience the captivating charm of this meticulously maintained 1928 Spanish Fourplex, dedicated to preserving its architectural heritage. Harmoniously merging contemporary comforts with historic elegance, this property showcases a comprehensive electrical upgrade across the building, enhancing functionality and safety. Each unit within this Fourplex exudes timeless allure with hardwood floors, tiled kitchens and baths, and vintage Art Deco lighting fixtures, meticulously chosen to maintain the essence of Spanish Beauty. Practical features like covered roof patios and three garages further enhance the property's appeal and functionality. Don't miss this chance to own a piece of history, where the perfect blend of timeless beauty and modern convenience awaits.

Listed by Henry Horn | BRE #01707653 | Compass
Last checked: 6 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
5,095
HOA Dues
$0/mo
Year built
1928
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24402469
City
Long Beach
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,695
  • Total Rent: $44,340
  • Pro Forma/Market Rent: $44,340
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $31,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $25,200
  • Pro Forma/Market Rent: $31,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $24,000
  • Pro Forma/Market Rent: $31,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.8%
  • Gross Rent Multiplier: 23.08
  • Gross Scheduled Income: --
  • Net Operating Income: $76,005
  • Gross Operating Income: $116,940
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $33,735
  • Gardener: $1,680
  • Insurance: $3,276
  • Water/Sewer: $2,244

Open Houses for 386 Mira Mar Ave

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Property Details for 386 Mira Mar Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Range, Oven
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 7255015004
  • Architectural Style: Spanish
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West on Broadway, North on Mira Mar
View more facts & features

Local Long Beach Agent

Sale History for 386 Mira Mar Ave

Last sold for $2,413,000 on May 23rd, 2022

  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 24402469

    $2,699,000

    Price

  • May, 2022

  • May 23, 2022

    Date

    Sold

    CRMLS: OC22082198

    $2,413,000

    Price

  • Apr 30, 2022

    Date

    Active

    CRMLS: OC22082198

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Exquisite 1928 Spanish Fourplex, of exceptional beauty maintained w/architectural integrity and pride of ownership honoring the style in which it was built. Extensive remodeling imitates the quality, appearance & textures of the original appointments and design features. Owners preserved artistic authenticity of the period replicating the materials, colors, textures, etc., of the period. Those who love the Spanish Beauty will understand and appreciate the efforts to preserve history. Long term tenants attest to the appreciation for this unique building. 3-2 BRs, 1 bath, 1 unit of 3 BR & 2 baths. Each unit has hardwood floors, tile kitchen &baths; breakfast rooms have pine floors, original Art Deco sconces & lighting fixtures throughout, 3 vintage stoves, newer vintage laundry rm floors in all units, newer dishwashers and refrigerators. New hot water tanks in all, mostly original windows, art deco chandeliers, sconces, ceiling fixtures. Covered roof patio over 3 garages. 3 units refurbished in last 12 mos. New sewer line in 2001. Sale is not contingent on exchange. Seller will close but may request cooperation in 1031. Seller choice of services for escrow and title, please.

  • May, 2001

  • May 7, 2001

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

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Tax History for 386 Mira Mar Ave

Assessed Value (2020): $874,902
Year Land Value Improved Value Assessed Value
2020 $610,370 $264,532 $874,902

Home Value Compared to the Market

This property vs the competition

386 Mira Mar Ave is listed 237.8% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $646 and this home is listed at $566.54 per/sqft which puts the price per square foot 12.3% lower than the median price per square foot for the city of Long Beach.

About 386 Mira Mar Ave

Detailed summary of property

386 Mira Mar Ave is a multi family located in Long Beach, CA 90814 and is currently for sale. This multi family property offers 9 bedrooms, 5 bathrooms, roughly 4,764 living square feet, and sits on an approximately 5,095 square foot lot. 386 Mira Mar Ave was first listed on ArdentRealEstateGroup.com on June 11, 2024. The homeowner is currently asking $2,699,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 237.8% higher than the median priced home. Local competing homes currently for sale include 536 Saint Louis Ave, 1512 N Stanton Pl and 532 Nebraska Ave. While the average home in Long Beach, CA is selling in 53 days, 386 Mira Mar Ave has a days on market of 16 days. There are currently 704 homes for sale in the Long Beach real estate market and 385 of them are single family homes while 296 of them are condos and 23 are townhomes. For more information on this home for sale at 386 Mira Mar Ave Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 386 Mira Mar Ave

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
4,764
Lot Size
5,095
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
7255-015-004

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$857,705
Median Sold Price/Sq.Ft.
$590
Total Inventory
44
Median Sale to List Price %
111.75%
Avg Days on Market
61
Loan Type
Conventional (38.46%), FHA (0%), VA (0%), Cash (15.38%), Other (46.15%)

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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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