This Multifamily Property is no longer advertised on LoopNet.com.

4831 Clark Ave
Long Beach, CA 90808
4831 Clark Ave, Long Beach, CA 90808 · Multifamily Property For Sale · 4 Units

Investment Highlights

  • 2 out of 4 units updated
  • 5 single-car garages with 3 additional spaces
  • 4.20% Current Cap Rate / 8% Proforma Cap Rate
  • 20% rental upside
  • Potential to build 2 ADU’s
  • 16.2 Current GRM / 9.92 Proforma GRM

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.20 AC
Building Size 2,320 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1944/2017
Parking Ratio 3.45/1,000 SF
Zoning LBR34 - Limited Density Multiple Residence

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,735 580 - 600

Property Taxes

Property Taxes

Parcel Number
7181-015-013
Land Assessment
$988,380
Improvements Assessment
$416,160
Total Assessment
$1,404,540
  • Listing ID: 27018713

  • Date on Market: 11/1/2022

  • Last Updated:

  • Address: 4831 Clark Ave, Long Beach, CA 90808

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