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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.

Features
2
1
: Common Area
0
: Sidewalks
Additional Information
Triqor Group
0
PWWALCHR
PB7936
Christopher
7257009023
: Standard
10
35

Multi-Family For Sale

367 Gladys Avenue, Long Beach, California 90814

15,120 Sqft
$5,900,000
Listing ID #PW24241218
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PW24241218
Price : $5,900,000
Living Area : 15,120 Sqft
Lot Size : 12,196 Sqft
Year Built : 1964
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90814
Price Per Square Foot : $390
ModificationTimestamp : 2024-11-27 11:00:13
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