4721 Clark Avenue, Long Beach, CA 90808

$1,735,000
4,264
SqFt
List Price
$1,735,000
Status
ACTIVE
MLS#
PV21006658
Year Built
1944
Living Sq. Ft
4,264
Lot Size
8,816
Acres
0.2024
Lot Location
Level with Street, Lot 6500-9999
Days on Market
34
Property Type
Multifamily
Property Sub Type
Apartment
Builders Tract Code
Lakewood Village (LKVL)
Neighborhood
Lakewood Village (Lkvl)

Property Description

Excellent location in prestigious Lakewood Village. Developers dream, rents are low and property is under utilized with lot size of about 8,815 square feet. one 2-bedroom unit was added about 1955 and one 3-bedroom unit was added about 1965. owner lives in the back 3- bedroom apartment which has direct access to to the garage, has laundry hookups in its unit and has own back yard. Close to Lakewood Center Mall and Long Beach City College with many schools near by. close to FWY 91 on North; FWY 405 on South; FWY 710 on the West and FWY 605 on the East. Analysis is based on Pro Forma rents.

Additional Information

Tract Number
12773
Lot Description
Curbs
Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$114,912
Operating Expense
28420
Unit One Total Units
1
Unit One Beds
3
Unit One Baths
2
Unit One Garage Spaces
1.00
Unit One Pro Forma
2800
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
1
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
1500.00
Unit Two Total Rent
1500.00
Unit Two Pro Forma
2100
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
1
Unit Three Baths
1
Unit Three Garage Spaces
1.00
Unit Three Actual Rent
1100.00
Unit Three Total Rent
1100.00
Unit Three Pro Forma
1550
Unit Three Furnished
Unfurnished
Unit Four Total Units
1
Unit Four Beds
1
Unit Four Baths
1
Unit Four Garage Spaces
1.00
Unit Four Actual Rent
1576.00
Unit Four Total Rent
1576.00
Unit Four Pro Forma
1576
Unit Four Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Fred Lavi from Lavi & Associates

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.