367 Gladys AVE, LONG BEACH CA, 90814

Active

367 Gladys AVE

LONG BEACH CA, 90814

$5,900,000

$390.21 per sqft

Active

3 Beds

2 Baths

15,120 sqft

Multi-family

Built in 1964

This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.

PW24241218MR

MLSⓇ ID

November 27, 2024

Listed

November 27, 2024

Updated

Map

367 Gladys AVE
LONG BEACH CA, 90814

Interior Features

Total Stories: 2
Bedrooms: 3
Total Bathrooms: 2
Laundry Description: Laundry Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.28 Acres
Sewer: Public Sewer

Other Property Details

Area Name: Belmont Heights, Alamitos Heights
Garage: Yes
Garage Spaces: 10
Parking Total: 18
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LBR2A

Listed by Christopher Walker with Triqor Group
Listing Contact: 949-756-3232

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Triana Warren | CA DRE# 01245682 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 11/27/2024