NOT LISTED FOR SALE

106 Mira Mar Ave Long Beach, CA 90803

Belmont Heights Neighborhood
7 Beds
8 Baths
5,852 Sq Ft
6,501 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $2,990,000 $511 Per Sq Ft

86 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • Laundry Room
  • Fremont Elementary School Rated A
  • No HOA
  • Ceiling Fan

About This Home

As of October 2023

Prime Belmont Heights Location. Just blocks to the beach and Belmont Shore. Spacious units, 7 one bedrooms, 1 studio, 4 garages, separately metered.

Last Agent to Sell the Property

Janet Lee

Pabst, Kinney & Associates License #01009485 Listed on: 06/24/2023

Last Buyer's Agent

George Bustamante

Coldwell Banker Commercial License #01484265

Coldwell Banker Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,501 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached
  • Raised Foundation
  • Interior Block Wall
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,852 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Window Screens
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 6 / 32
  • Tax Tract Number 32850
  • Assessor Parcel Number 7256010007
  • $1,472 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $350
  • Fuel Expense $515
  • Insurance Expense $5,676
  • Maintenance Expense $10,915
  • Professional Management Expense $11,755
  • Trash Expense $480
  • Water Sewer Expense $1,120
  • New Taxes Expense $42,500
  • Operating Expense $73,967
  • Gross Income $181,200
  • Net Operating Income $107,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: 8 Stoves 8 refrigerators
  • Price Per Unit: 425000
  • Professional Management Expense: 11755.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Water Sewer Expenses: 1120.00
  • Zoning: LBR2N
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7256010007
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Block Walls, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 510.94
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 350.00
  • Fuel Expense: 515.00
  • Gross Income: 181200.00
  • Gross Scheduled Income: 181200.00
  • Insurance Expense: 5676.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 6501.0000 Square Feet
  • Maintenance Expense: 10915.00
  • Net Operating Income: 107233.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Carpet: 1
  • Number With Disposal: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 73967.00
  • Rent Control: Yes
  • Total Actual Rent: 181200.00
  • Total Expenses: 73967.00

Tax Info

  • New Taxes Expense: 42500.00
  • Tax Block: 32
  • Tax Census Tract: 5772.00
  • Tax Lot: 6
  • Tax Tract Number: 32850
  • TaxOtherAnnualAssessmentAmount: 1472.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $2,990,000 -12.1% $511 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $3,400,000 -- $581 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janet Lee

    Pabst, Kinney & Associates

    (562) 438-0910

    1 in this area

    4 Total Sales

    Janet Lee
    Section Image
  • George Bustamante

    Buyer's Agent in 2023

    George Bustamante

    Coldwell Banker Commercial

    (562) 326-5043

    3 in this area

    42 Total Sales

    George Bustamante
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23112407

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Belmont Heights

106 Mira Mar Ave, Long Beach, CA

This home is located at 106 Mira Mar Ave, Long Beach, CA 90803 since 24 June 2023. This property was built in 1949. 106 Mira Mar Ave is a home located in Los Angeles County with nearby schools including Fremont Elementary School, Rogers Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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