NOT LISTED FOR SALE

4831 Clark Ave Long Beach, CA 90808

Lakewood VIllage Neighborhood

Estimated Value: $1,278,000 - $1,720,000

4 Beds
4 Baths
2,320 Sq Ft
$666/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $1,350,000 $582 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,731/month

10 Days on Market

About This Home

As of December 2022

4831 Clark Ave is a 4-unit building that is situated on an 8,848 Square foot lot. The subject property is composed of (4) 1-bedroom and 1-bath units (built 1944). Each 1-bedroom unit is approximately 600 square feet. There are (5) single-car garages located in the back of the property. Ownership has made substantial improvements including new landscaping, vinyl fences, exterior paint and two units have been fully updated. Electrical, plumbing, and roof are in great working condition. Gas & Electric are individually metered paid by the tenants and the owner pays for water and trash. This asset presents a unique opportunity to purchase a 4-unit building with 15% potential upside in rents in a premier location of Long Beach. There is also an opportunity for an investor to build (2) ADU's on the property to generate a significant amount of additional income.

Last Agent to Sell the Property

Jack Mccann

Lyon Stahl Investment Real Estate, Inc. License #01963932 Listed on: 11/01/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Raj Sharma

HomeSmart Realty Group License #01943882

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,960

Year Built

  • Built in 1944

Lot Details

  • 8,848 Sq Ft Lot

Parking

  • 8 Car Attached Garage

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Vacancy Allowance $2,399

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 7181-015-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,960

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2320
  • Lot Acreage: 0.2031
  • Stories: 2
  • Year Built: 1944
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 560.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 26.69
  • Assessed Improvement Value: 239052
  • Assessed Land Percent: 73.31
  • Assessed Land Value: 656753
  • Total Assessed Value: 895805
  • Assessor Parcel Number: 7181-015-013
  • Lot Size Area: 8848

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.26
  • Number Of Units: 4
  • Total Annual Expense: 22918
  • Type Of Units: Standard
  • Vacancy Allow: 2399
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Tang Sopheap
Bought by
Riverside Mountain View Properties Llc
Current Estimated Value
$1,545,451

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 5, 2022
Sold by
Hur Eunnie
Bought by
Tang Sopheap
Seller's Agent
Jack Mccann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Raj Sharma
HomeSmart Realty Group
List Price
$1,300,000
Sold Price
$1,350,000
Premium/Discount to List
$50,000
3.85%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$945,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Mona E Compton Lp
Bought by
Bevacqua Jonas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1994
Sold by
Compton Mona E and Jurgensen Sheila M
Bought by
Mona E Compton Ltd Partnership Lp

Purchase Details

Closed on
Jul 15, 1993
Sold by
Compton Gerald W
Bought by
Compton Mona E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riverside Mountain View Properties Llc -- None Listed On Document
Tang Sopheap $1,350,000 Ticor Title
Bevacqua Jonas $227,327 Ltc
Mona E Compton Ltd Partnership Lp -- --
Compton Mona E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Sopheap $945,000
Previous Owner Bevacqua Jonas $125,000
Previous Owner Bevacqua Jonas $552,500
Previous Owner Bevacqua Jonas $545,600
Closed Bevacqua Jonas $68,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $1,350,000 +3.8% $582 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,300,000 -- $560 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,960 $1,404,540 $988,380 $416,160
2024 $17,960 $1,377,000 $969,000 $408,000
2023 $17,659 $1,350,000 $950,000 $400,000
2022 $11,484 $895,805 $656,753 $239,052
2021 $11,254 $878,241 $643,876 $234,365
2019 $8,285 $620,186 $459,399 $160,787
2018 $7,998 $608,027 $450,392 $157,635
2016 $7,362 $584,418 $432,903 $151,515
2015 $7,074 $575,641 $426,401 $149,240
2014 $7,039 $564,366 $418,049 $146,317
Source: Public Records

Agents Affiliated with this Home

  • Jack Mccann

    Seller's Agent in 2022

    Jack Mccann

    Lyon Stahl Investment Real Estate, Inc.

    (310) 408-0121

    1 in this area

    36 Total Sales

    Jack Mccann
    Section Image

  • R

    Buyer's Agent in 2022

    Raj Sharma

    HomeSmart Realty Group

See All Agents

Map

Source: The MLS

MLS Number: 22-214271

The MLS

APN: 7181-015-013

California Los Angeles County Long Beach 90808 Lakewood VIllage

4831 Clark Ave, Long Beach, CA

This home is located at 4831 Clark Ave, Long Beach, CA 90808 since 01 November 2022 and is currently estimated at $1,545,451, approximately $666 per square foot. This property was built in 1944. 4831 Clark Ave is a home located in Los Angeles County with nearby schools including Mark Twain Elementary School, Bancroft Middle School, and Lakewood High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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