1206 Gladys Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 6,350 sqft lot
- 1986 build
- – on site
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1206 Gladys Avenue is an eight-unit, value-add apartment asset located in Long Beach. Built in 1986, the property features desirable 1980's construction. All eight apartments are sizable 2 BD / 2 BA units. Two of the units have been upgraded with luxury finishings, including in-unit washers and dryers, new cabinets and countertops, AC, minisplits, and tankless water heaters. The onsite laundry room and 14 parking spaces provide the opportunity for additional income. 1206 Gladys Avenue provides a new buyer with an attractive value add opportunity with approximately 20% upside to market rent.
Last checked:
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Last updated Sep 7, 2023
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MLS# PW23011122 —
The Building
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Year Built:1986
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7680.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Laundry:Common Area
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Laundry:1
Location
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Directions:E Anaheim St & Gladys Ave
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Latitude:33.78189300
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Longitude:-118.15752700
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LBR2N
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Lot Features:6-10 Units/Acre
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Lot Size Area:6350.0000
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Lot Size Acres:0.1458
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Lot Size SqFt:6350.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:A
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Tax Census Tract:5769.03
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Tax Tract:5769
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Tax Lot:14
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7259017025
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Eastside (ES)
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Subdivision:Eastside (ES)
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Features:Urban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:14.00
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Garage Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/2/23
Jun 2, 2023
|
Sold | CRMLS_CA | $2,650,000 | -1.9% |
|
4/12/23
Apr 12, 2023
|
Pending | CRMLS_CA | $2,700,000 | |
|
3/28/23
Mar 28, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $2,700,000 |
