$1,945,000
207 Mira Mar, Long Beach CA 90803
Multi-Family (5 Units)
Property type
1 day
On market
$541
Price per sqft
2 cars
Garage
1922
Year built
3,780 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Gregg Perrah DRE #01200203 949-836-0333, First Team Real Estate
Listing updated: Jun 4, 2026 at 08:40pm.
Last checked: Jun 4, 2026 at 09:00pm
Source: CRMLS #NP26121999
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 5 | 5 | — | $10,350 | $10,350 | $11,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 5
Ranges: 5
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
177.6x
List Price / Annual Gross Rent
Cap Rate
0.42%
NOI / List Price
Gross Scheduled Income: $10,950
Operating Expense: $2,822
Net Operating Income: $8,128
Annual Operating Expenses
Electric: $47
Insurance: $3,260
Licenses: $718
New Taxes: $26,257
Pest Control: $660
Professional Management: $0
Trash: $0
Water / Sewer: $0
Other Expense: $75
Interior
Interior Features: Storage, Unfurnished
Cooling: Wall Window Units
Heating: Space Heater
Appliances: Built In Range, Gas Cooktop, Gas Oven, Microwave
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected
View: None
Garage and Parking
Parking: Assigned, Storage
Garage Spaces: 2
Uncovered Spaces: 2
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7256008025
Additional Parcels: No
Tax Lot: 25
Tax Block: K
Subdivision: Belmont Heights (BH)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Park, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 207 Mira Mar, Long Beach, CA 90803. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,556,000
Total Interest
$1,984,592
Total Payment
$3,540,592
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,011
per month
Property History for 207 Mira Mar
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90803.
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