367 375 Gladys Avenue
Long Beach, CA 90814
Active for $5,900,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 12,196 sqft
MLS | PW24241218 |
Year Built | 1964 |
Property Type | Apartment |
County | Los Angeles |
Status | Active |
Active | $5,900,000 |
Structure Size | N/A sqft |
Lot Size | 12,196 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Christopher Walker, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of 01/08/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.