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$ 1,350,000
Est. payment | /mo
6 Beds
3,604 SqFt
$ 1,350,000
Est. payment | /mo
6 Beds
3,604 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,604 sqft
Price per Sqft $374
MLS Listing ID CL26671621
Bedrooms 6
HOA Y/N No
Year Built 1937
Lot Size 6,501 Sqft
Acres 0.15
Property Sub-Type OTHER
Property Description
209 Mira Mar Avenue is a four-unit Spanish-style income property located in the heart of Belmont Heights, one of Southern California's most desirable coastal rental markets. Situated just three blocks from the Pacific Ocean and within walking distance to Alamitos Bay Beach, Bluff Park, and the shops and dining along 2nd Street, the location consistently drives strong tenant demand and historically low vacancy. This is a market where units lease quickly and tenant profiles remain stable. The property consists of two 2-bedroom / 1.5-bath townhouse-style units and two 1-bedroom / 1-bath units totaling approximately 3,604 rentable square feet. All four units are currently occupied on month-to-month leases with rents averaging approximately 43% below market, presenting a clear and achievable path to increased income. Since 2020, ownership has completed a series of meaningful capital improvements totaling over $90,000, including a full roof replacement (2025), sewer line upgrades and crawl space re-piping, exterior repaint with wood repair (2023), a renovated Unit D bathroom (2025), new water heaters with updated plumbing components (2024-2025), and prior system upgrades including gas line replacement, flooring improvements, and seismic retrofit work. The result is a well-maintained as
Location
State CA
County Los Angeles
Zoning LBR1N
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 7256008020
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by John 'Jack' McCann • Lyon Stahl Investment Real Estate, Inc.
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