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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.

Agent Description

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

2 stories
5 full
4 spaces
1922

Amenities

View

Monthly Cost Estimate

$10,402/mo

20% down · 6.5% · 30 years

Principal$1,407
Interest$8,428
Insurance$567

Estimates only. Actual payments may vary.

Location

207 Mira Mar

Long Beach, CA 90803

Belmont Heights (BH)

Features & Amenities

Interior Features

UnfurnishedStorage

Exterior Features

Community Features Included: Street LightsStorm DrainsSidewalksPark2-5 Units/Acre

Property Details

Views

None

Parking

Assigned

Heating

Space Heater

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Appliances

CooktopCooktop - GasMicrowaveOven - GasRange

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.

GP

Gregg Perrah

Agent at First Team Real Estate

(949) 836-0333

Listed by First Team Real Estate · View on Broker Site

MLS# NP26121999· Source: listhub· Updated 2 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

207 Mira Mar, Long Beach, CA 90803

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