
Long Beach, California 90804
This Premium Multi-Unit Lifestyle Compound is listed at $1,650,000, representing a stable acquisition at its $1,650,000 Fair Market Value. The property features a meticulously renovated 1922 Craftsman paired with two brand-new, permitted 2025 ADUs equipped with solar panels and EV charging, maintaining an Excellent Condition Rating. Located in Belmont Heights within the Long Beach Unified district, it is steps from the 9/10 rated Fremont Elementary. With rent-control-exempt units and Mills Act potential, this turnkey asset is ideal for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting high-yield stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 Mira Mar Ave Avenue 1 Subject | $1,650,000* List Price | 0 | 0 | 2,958 | $558 | - |
A 765 Loma Avenue Sold | $1,375,000 | 0 | 0 | 1,972 | $697 | 0.2 mi |
B 765 Loma Avenue 769 Sold | $1,375,000 | 4 | 3 | 1,972 | $697 | 0.2 mi |
C 1117 Mira Mar Avenue Active | $1,494,000 List Price | 0 | 0 | 2,901 | $515 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property features a main house extensively renovated in 2021, including remodeled kitchens and bathrooms with modern finishes, LVP flooring, and central HVAC. Additionally, there are two brand new ADUs completed in 2025 (or recently, based on 'completed in July' and '2025 ADUs' in the description) with modern kitchens, new appliances, mini-split heating/cooling, and high-end finishes. All components across the three units are new or virtually new, meeting current quality standards with no deferred maintenance.
Elementary School: Fremont Elementary School (9/10).
This rare triplex features a beautifully renovated 1922 Craftsman main house and two brand new, permitted 2025 ADUs, offering exceptional flexibility for multi-generational living, a lifestyle compound, or a premium house-hack opportunity.
The two newly constructed ADUs are tenant-occupied, designed with high-end finishes, and are exempt from rent control, positioning them to command above-average rents and provide significant income for an owner-occupant.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2958, other record living area = 1370.
The front Craftsman home is subject to AB 1482 rent control, which may limit future rental income adjustments and tenant management flexibility for that specific unit.
With a current list price of $1.65 million, the property represents a substantial investment. The recent price increase from $1.599 million could indicate an aggressive pricing strategy or deter some potential buyers.
Discover the perfect blend of historic charm, modern upgrades, and unmatched living at 831 Mira Mar Ave. Located in the heart of Long Beach. This exceptional property features a beautifully renovated Craftsman front home paired with two brand new, permitted 2025 ADUs. You want multigenerational living, a lifestyle compound, or a premium house-hack opportunity, this rare 3 unit offering delivers it all. Updated in 2021, the main house maintains its Craftsman appeal while offering the modern comforts. Spacious 3 bedroom layout with a private en-suite bedroom with its own entrance. Remodeled kitchen and bathrooms with tile floors and tub/shower combos, LVP flooring throughout, central HVAC, washer & dryer, refrigerator, stove, and dishwasher included, fresh paint and updated finishes, 2-car garage plus carport. Potential Mills Act eligibility for long term property tax savings. This home is truly move in ready and ideal for families, blended households, or an owner-occupant who values privacy and flexibility. Completed in July and tenant-occupied, these two detached ADUs elevate the property with beautiful finishes, thoughtful layouts, and long term adaptability. Each ADU includes 2 bedrooms and 2 full bathrooms, with 1 bedroom in each unit offering its own private en suite, modern kitchens with all new appliances, decorative barn doors, thoughtful designer touches throughout, mini split heating and cooling, owned solar panels, hardwired smoke and carbon monoxide detectors, fire sprinklers, tankless water heaters, washer/dryer hookups, individually metered electric, private 2 car garage with EV charging and alley access, and the lower ADU en suite room featuring its own private entrance. With their fresh construction and quality finishes. These ADUs stand out in a neighborhood known to command above-average rents for well-designed, newer units, giving owner-occupants excellent lifestyle flexibility without focusing on investor buyers. The 3 unit configuration further expands how the property can be used. Enjoy the main home, create private quarters for extended family, transform an ADU into a guest suite, office, or creative studio, or shape the property into your own multi home compound. This rare setup provides maximum freedom to tailor the entire property to your lifestyle and long-term goals. Rent control disclosure: The single-family 3-bedroom front home is subject to AB 1482. The two newly constructed ADUs are exempt.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,958 | 1,972 | 81% |
| Lot Size | 5,836 | 6,067 | 43% |
| Price | $1.65M | $1.05M | 95% |
| Price per sq ft | $558 | $543 | 57% |
| Built year | 1922 | 1924 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 189 | 33% |
Jan 17, 2026
$1,650,000
$1,599,000
+3% Price Increase
Initial Listing
Dec 2, 2025
$1,599,000
Initial Listing
Mar 17, 2021
$685,000
Public Record