PENDING! Beautiful Rental Property in Long Beach

 

4713 Clark Avenue, Long Beach CA 90808

Seven-unit rental property in Lakewood Village for sale.

Excellent location in prestigious neighborhood. It is a developer’s dream, first time in the market in about 50 years.

Rents are low and property is under utilized with lot size of about 10,346 sqft. Three units were added in 1977 and are slightly larger. Close to Lakewood Center Mall and Long Beach City College with many schools nearby. Close to FWY 91 on North, FWY 405 on South, FWY 710 on West, and FWY 605 on the East.

SPECIFICATIONS:

  • #of Units total: 7
  • SQFT: 4,259
  • Lot size: 10,346
  • Year Built: 1944 (ASR)
  • Total OP Exp: $32,594.00
  • Net income: $87,406.00
  • Parcel ID: 7181016015

For more information, please contact Fred Lavi at fred@laviandassociates.com or (310) 679-5284 ext.103