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Listed by Christopher Walker • Triqor Group
$ 5,900,000
Est. payment /mo
Active
367 Gladys Avenue Long Beach, CA 90814
15,120 SqFt
UPDATED:
11/28/2024 06:46 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 15,120 sqft
Price per Sqft $390
MLS Listing ID PW-24241218
Year Built 1964
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.
Location
State CA
County Los Angeles
Zoning LBR2A
Interior
Laundry Common Area
Exterior
Parking Features Gated
Garage Spaces 10.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer