$5,900,000
Accepting Backup Offers

367 Gladys Avenue

Long Beach, CA 90814
0.28 acres | #PW24241218
Listing OfficeTriqor Group
Browse 12 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionRectangularLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$5,900,000
      • MLS #PW24241218
      • MLS #PW24241218
      • Property SubtypeApartment
      • Cost5900000
      • Utility SourcePublic
      • Acres0.28
      • Year Built1964
      • Parking Spaces10
      • Stories2

Location

Carmen ShiauReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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