367 375 Gladys Ave, Long Beach, CA 90814 | For Sale

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For Sale $5,900,000

$5,900,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 12,196 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $5,900,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 10 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
APN # 7257009023
MLS # PW24241218
Property ID 321085540
Lot Sqft 12,196
Zoning LBR2A
Total Units 20
Days on Market 0
Original List Price $5,900,000
Date Updated November 27, 2024
Date Created November 27, 2024
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Listing Provided By

Christopher Walker an agent of . Lic #01905338


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 27, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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