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.
Days on market: 1
Listing updated: July 19, 2025 - 01:49:07
Listed by: Kathy Leimkuhler DRE #01831094 714-974-9191, First Team Real Estate - Pacific West
Source: Pacific West, MLS#: E776 Originating MLS: CRMLS
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