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Lyon Management Buys Long Beach Apartments

Investor Sells Clair Del Arms for $23 Million
The apartments were built in 1969 on 2.4 acres in the Bixby Knolls multifamily market of Los Angeles County. (CoStar)
The apartments were built in 1969 on 2.4 acres in the Bixby Knolls multifamily market of Los Angeles County. (CoStar)
By Jon Murphy
May 11, 2022 | 7:47 P.M.

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A local investor sold the 106-unit Clair Del Arms apartments at 4800 Clair del Ave. in Long Beach, California, for $23 million, or about $217,000 per unit, to Lyon Management Group.

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News | Lyon Management Buys Long Beach Apartments