Long Beach, CA 90814,367 Gladys Avenue
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$5,900,000
Est. payment /mo
3 Beds
2 Baths
0.28 Acres Lot
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UPDATED:

11/28/2024 04:31 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24241218

Bedrooms 3

HOA Y/N No

Lot Size 0.280 Acres

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Long Beach (90814)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 2

Others

Monthly Total Fees $157

Acceptable Financing Conventional

Space Rent $1,235

Listing Terms Conventional


Read Less Info
San Diego Regional MLS (SDMLS)
Listed by Christopher Walker • Triqor Group

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367 Gladys Avenue