tomo logo

$2,395,000

Beds
9
sq ft
4,764

386 Mira Mar Ave, Long Beach, CA 90814

386 Mira Mar Ave

Long Beach, CA 90814

  • 164 days on market
    • Price drop $154,000↓
Discover the timeless elegance of this meticulously preserved 1928 Spanish Fourplex. This property seamlessly blends modern conveniences with historic charm, maintaining the architectural integrity and beauty of its era. Extensive renovations have faithfully replicated the original features, ensuring an authentic Spanish experience.Each of the four units offers unique character and comfort. With a mix of 3 two-bedroom, one-bath units and 1 three-bedroom, two-bath unit, the Fourplex features hardwood floors, tiled kitchens and baths, and original Art Deco lighting fixtures. Additional amenities include vintage stoves, updated dishwashers and refrigerators, and new hot water tanks. The original windows and vintage laundry room floors add to the period charm.The property also boasts a covered roof patio over three garages, perfect for relaxation and entertainment. Long-term tenants highlight the desirability and uniqueness of this historic gem.Embrace a rare opportunity to own a piece of history where the past and present harmoniously coexist. This Fourplex is a true testament to Spanish architectural beauty and modern functionality.

Details

Property type

Est. home value

$2,342,380

Lot size

5,095 sq ft

Price per sq ft

$503

Year built

1928

HOA

No

Price History

10/29/2024
CLAW

CLAW #24402469

Price change
$2,395,000
-6.04%
09/10/2024
CLAW

CLAW #24402469

Price change
$2,549,000
-3.78%
08/05/2024
CLAW

CLAW #24402469

Price change
$2,649,000
-1.85%

Schools & Community

Neighborhood: 

Belmont Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Long Beach Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2013

Original loan amount

$411,422

Est. remaining balance

$0

Interest rate

3.5%

Loan type

New Conventional, 10 year

Seller

Michael Eugene Pennington and Vickie Sue Alston

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 6:30 PM

Listing updated: 11/03/2024 at 2:45 AM

Listed by: Henry Horn, Compass Phone #: (310) 230-5478

MLS: CLAW #24402469

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