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1117 Mira Mar Ave 3 Unit Apartment Building $2,044,883 CAD ($681,628 CAD/Unit) Long Beach, CA 90804



Investment Highlights
- Great location, close to parks, beach, dining and shopping.
Executive Summary
Truly a Gem, this Classic Spanish Triplex is located in the historic and highly desirable Recreation Park Neighborhood of Long Beach. Considered one of the most desirable areas for investors and Owner occupants alike, due to its quiet tree lined streets and close walking distance to the expansive 210 Acre Recreation Park, featuring 2 Golf Courses, multiple Sports fields, a tennis center, casting pools, lagoon, dog park, outdoor theater and more! Just minutes from Belmont Shore dining, Alamitos Bay Marinas, beaches and nightlife, yet also within minutes of 3 regional freeways. The property is full of that desirable, old-world, timeless appeal and shows true pride of ownership, having recently undergone extensive landscape improvements and a new roof on the front building. This character-rich property with traditional elegance features tons of charm in its many architectural details. Whether you are looking for a home or income potential, you have it all right here! The front building offers two very spacious 2-bedroom, 1-bath units, one upstairs and one downstairs. The detached rear building includes a charming stand alone 1-bedroom, 1-bath unit located above the three individual one-car garages. In addition to 3 separate garages this property has loads of additional off street parking due to its long driveway and added gravel parking pad for 2 more cars. The property addresses include 1117 (Rear Unit), 1119 (Front Lower Unit), 1121 (Front Upper Unit), The property also features large front and backyards, offering potential space for outdoor enjoyment or possible future expansion, or additional ADU units? Buyer should verify any and all information provided herewith in regard to City of LB inspection requirements, new ADU additions or building expansion possibilities, with qualified engineers and the City of Long Beach. Historic touches, including original hardwood oak floors, faux fireplaces, various arched doorways and windows, terrazzo tile, vintage-style wood garage doors/windows, and plastered interior walls and ceilings are just some of the many things that make this property special and unique. With its historic architecture, desirable coastal proximity, and flexible layout, this property presents an excellent opportunity for investors or owner-occupants looking to offset living expenses while building long-term equity. This could be a perfect opportunity to live in one unit and have the tenants help with the mortgage!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,044,883 CAD | Building Class | C |
| Price Per Unit | $681,628 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,901 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LBR3S - Medium Density Multiple Family Residential | ||
| Price | $2,044,883 CAD |
| Price Per Unit | $681,628 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,901 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LBR3S - Medium Density Multiple Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,737 CAD | - |
| 2+1 | 1 | $2,909 CAD | - |
| 2+1 | 1 | $3,490 CAD | - |
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 7254-002-010 | Total Assessment | $472,037 CAD (2025) |
| Land Assessment | $225,290 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $246,746 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7254-002-010
Land Assessment
$225,290 CAD (2025)
Improvements Assessment
$246,746 CAD (2025)
Total Assessment
$472,037 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1117 Mira Mar Ave
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