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Property Description

PRIME INVESTOR OPPORTUNITY | ADU & MULTI-UNIT POTENTIAL | HEART OF LONG BEACH | Welcome to 1030 Mira Mar Avenue, a rare and exciting opportunity for investors, developers, or buyers looking to create long-term value in one of Long Beach's most desirable neighborhoods. Located just minutes from the beach, Retro Row, and the shops and dining along 4th Street, this property sits on a deep 5,661 sqft lot with alley access. The existing lot features 2 homes: the First Home has 2 bedrooms, 1 bathroom and retains its original charm with vintage details, traditional windows, and a functional layout. The Second Home currently has 1 bedroom, and sits on the opposite side of the enormous lot. Both homes have plenty of room for expansion. While the property needs renovation, the current structures present a solid foundation for those with a vision. Whether you're looking to restore its character, reimagine the layout, or build new units, the potential is undeniable. The oversized backyard offers plenty of space to add an Accessory Dwelling Unit (ADU), expand the main home, or rebuild the second unit, especially with the alley access . Investors looking for a portfolio addition will see the upside in maximizing the lot's density in this high-demand rental area. Surrounded by a mix of single-family homes, duplexes, and multifamily buildings, the area supports a range of uses and income strategies. With strong rental comparables, proximity to public transit, and a walkable lifestyle, this property is ideally situated to attract future tenants or long-term residents. Additional highlights include a classic mid-century facade and a location within reach of top-rated Long Beach amenities--including parks, schools (the property is 7 minutes away from Cal State University Long Beach), and Belmont Heights. Whether you're planning a flip, a ground-up project, or a buy-and-hold income play, 1030 Mira Mar Avenue presents a chance to secure a valuable piece of Long Beach real estate with massive upside potential. Don't miss this chance to transform a blank slate into a standout investment.

Overview

Property Status
For Sale
Lot Size
5,661 Sq.Ft.
MLS ID
PW25158080
Property Type
Multi-Family
Year Built
1939

Features & Amenities

View Description
None
Stories
1
Water Source
Public
Utilites
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Pool
None
Roof
Composition
Lot Features
Back Yard, Front Yard, Rectangular Lot, Street Level
Heat Type
Floor Furnace
Air Conditioning
None
Other Interior Features
Breakfast Area, Separate/Formal Dining Room, All Bedrooms Down, Bedroom on Main Level
Sewer
Public Sewer
Substructure
Raised
Disability Features
No Stairs
School District
Long Beach Unified
Sales Price
$949,000
Zoning
LBR3S

Downloads

1030 Mira Mar Avenue

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