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About This Home
This 5-bedroom, 5-bathroom multi-family at 207 Mira Mar in Long Beach, CA is listed for $1,945,000 ($541 per sqft). Built in 1922, the home offers 3,592 sqft of living space on a 0.09 acres lot.
Investment highlights: 5 turnkey 1-bed/1-bath units in a highly desirable coastal rental market. sq ft 520sq ft. to 700 sq ft. ALL UNITS ARE RENTED Prime Belmont Heights location near the beach, dining, and retail, supporting strong long-term tenant demand.
Classic 1920s construction with character, updated interiors, and on-site parking (2 garages + 2 additional spaces). This asset offers solid in-place income with value-add potential through rent optimization, cosmetic improvements, and repositioning over time.
ADU POTENTIAL Reach out to me for the more information. If you need financing I will put you in touch with a couple of lenders who will walk you through projected returns based on your target down payment and financing. If you have a 1031 exchange need this is an ideal place to move your tax deferred money.
**Of note do not go direct to any of the units and the occupants are not to be disturbed. You can do a drive by only to view the property, neighborhood, and great proximity to the beach, pier, shopping, etc.
Key Features
- Built in 1922
- 0.09 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,402/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
207 Mira Mar
Long Beach, CA 90803
Belmont Heights (BH)
Features & Amenities
Interior Features
Exterior Features
Property Details
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom multi-family at 207 Mira Mar is listed at $1,945,000 ($541/sqft). The estimated monthly payment is $8,428 based on 20% down at 6.5% interest.
Key features include: Built in 1922, 0.09 acre lot, 2 stories, 4 parking spaces. Interior Features: Unfurnished, Storage. Exterior Features: Community Features Included: Street Lights, Storm Drains, Sidewalks.
This property is listed by Gregg Perrah and can be reached at 9498360333 or GreggP.FT@Gmail.com.








