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.
Sold for $5,500,000
Listed by: Triqor Group • Christopher Walker • Contact: 949-756-3232
Bought with: Triqor Group
$5,500,000
367-375 Gladys Ave, Long Beach, CA 90814
38beds
20baths
15,120sqft
Multi Family
Built in 1964
-- sqft lot
$5,393,200 Zestimate®
$364/sqft
$2,979 Estimated rent
Home value
$5,393,200
$4.85M - $5.99M
$2,979/mo
Zestimate® history
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List your homeWhat's special
Next to bixby parkGas cookingHardwood floorsElectric heatingWall heatersCeiling fans
Zillow last checked:
Listing updated:
Listed by:
Christopher Walker DRE #01905338 chris.walker@triqorgroup.com,
Triqor Group
Bought with:
Christopher Walker, DRE #01905338
Triqor Group
Source: CRMLS,MLS#: PW24241218
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 20
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 15,120
- Total interior livable area: 15,120 sqft
Property
Parking
- Total spaces: 18
- Parking features: Garage
- Garage spaces: 10
- Uncovered spaces: 8
Features
- Entry location: /
- Pool features: None
Lot
- Size: 0.28 Acres
- Features: Rectangular Lot
Details
- Additional parcels included: 7257009021
- Parcel number: 7257009023
- Zoning: LBR2A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $364/sqft
- Date on market: 11/27/2024
- Cumulative days on market: 54 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $5,500,000-6.8%$364/sqft |
Source:  CRMLS #PW24241218 Report a problem | ||
| 3/19/2025 | Pending sale | $5,900,000$390/sqft |
Source: CRMLS #PW24241218 Report a problem | ||
| 1/28/2025 | Contingent | $5,900,000$390/sqft |
Source: CRMLS #PW24241218 Report a problem | ||
| 11/27/2024 | Listed for sale | $5,900,000$390/sqft |
Source: CRMLS #PW24241218 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Bluff Heights
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Nearby schools
GreatSchools rating
- 7/10Mann Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Jefferson Leadership Academies SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$5,393,200
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Estimated market value
$5,393,200
- California
- Los Angeles County
- Long Beach
- 90814
- Bluff Heights
- 367-375 Gladys Ave
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