$1,075,000 - 685 Mira Mar Avenue, Long Beach

  • 0Beds
  • Baths
  • 2,624SQ. Feet
  • 0.08Acres

BEST VALUE Multifamily property in BELMONT HEIGHTS! This is an excellent opportunity to own a Large duplex in this highly desired area. Each unit is a remodeled three bedroom, two baths, that comes with laundry hookups in each unit. There are also three single car garages with easy access along with driveway parking. The duplex was built in 1974, all stucco exterior, with one unit on the first floor and the other unit on the second floor. Gross rents are $5,100 and ProForma rents are $5,800, which is a 14% upside in rents. This property has had almost zero vacancies for the past 3+ years and is a very easy property to maintain and manage.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19242444
  • Price:$1,075,000
  • Bathrooms:0.00
  • Square Footage:2,624
  • Acres:0.08
  • Year Built:1974
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:685 Mira Mar Avenue
  • Area:Belmont Heights, Alamitos Heights (2)
  • Subdivision:Belmont Heights (BH)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90814

Amenities

  • Parking Spaces:6
  • # of Garages:3

Interior

  • Heating:Radiant
  • Cooling:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Walkstreet

Additional Information

  • Date Listed:October 14th, 2019
  • Days on Market:194
  • Zoning:LBCCP

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Provided By: Tyler Rogina(01925584), Coldwell Banker Coastal Alliance.

Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2020 at 8:36pm CDT. 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.