4721 Clark Avenue, Long Beach, CA 90808

$1,590,000
List Price
$1,590,000
Price Change
▼ $45,000 1625992886
Status
ACTIVE UNDER CONTRACT
MLS#
PV21006658
Year Built
1944
Lot Size
8,816
Acres
0.2
Lot Location
StreetLevel
Days on Market
214
Property Type
Multifamily
Property Sub Type
Apartment
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

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Number Of Units Total
5
Gross Scheduled Income
$103,476
Operating Expense
29289

Mortgage Calculator

Amount of Loan
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Term of Loan
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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.