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Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW19279942
Sold Date 03/06/20
HOA Y/N No
Year Built 1986
Lot Size 6,534 Sqft
Acres 0.15
Property Description
We are pleased to offer 1206 Gladys Avenue, an 8-unit apartment investment opportunity located in the city of Long Beach. Available for the first time by the original owner, this 1986 construction property has been well-maintained and shows true pride of ownership. The opportunity 1206 Gladys Avenue is located in an exceptionally strong rental market of Long Beach, located near the traffic which has recently undergone a developmental boom with new retail and dining. Comprised of all 2-Bedroom/2-Bathroom units, 1206 Gladys Avenue offers tenants hard to find subterranean garage parking and on-site laundry facilities. Offering a new investor upside on current rents, this investment opportunity is an excellent addition to any investor's portfolio. *Excellent Long Beach Rental Location Near Traffic Circle, *All 2-Bedroom/2-Bathroom Units with Balconies, *Well-Maintained Property by Original Owner, *1986 Construction, *New Exterior Paint, *Subterranean Garage Parking
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Storm Drain(s), Street Lights
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7259017025
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with John Alden • Buckingham Investments, Inc
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605