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$2,525,000
77 Days Online

851 Gladys Avenue
Long Beach, CA 90804

For Sale|Multi-Family|Pending
Subdivision:
Eastside (Es)
County:
Los Angeles
Listed by W. Kurt Wood of Belmont Brokerage & Mgmt. INC.

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851 Gladys Avenue851 Gladys Avenue851 Gladys Avenue851 Gladys Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$16,548
Calculator powered by Showcase IDX. Copyright ©2022 Information is deemed reliable but not guaranteed.

Well kept 9 unit apartment built in 1963 in great Eastside area. Two 1bdr/1bath, six 2bdrm/1 bath, and one 3bdrm/2 bath units. Six garages. Many long term tenants with lower than market rents. Current monthly rents total $12,967 including $300 for garages and $69 for laundry (current rents are based on scheduled rent increases between 7/1/22 through 9/1/22). RentOmeter indicates market rents should total $20,855 per month ($1,663 for 1 bdrms, $2,335 for 2 bedrms, and $3,150 for 3 bdrms) that's a 10.0 GRM. Operating Expenses are estimated. Call Listing Agent for actual operating statements.

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Listing Snapshot
Price 
$2,525,000
Days Online 
77 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,858 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.149 Acres
Year Built 
1963
MLS Number 
PW22148511
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS
2 months agoStatus changed to Pending
3 months agoListing first seen online
General Features
Construction 
Stucco
Parking 
Garage Faces FrontGarage Faces Rear
Parking Spaces 
6
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.149
Water 
Public
Garage Spaces 
6
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
View 
None
Spa 
No
Pool Features 
None
Spa Features 
None
Lot 
Level
Road Frontage 
City Street
Community Features
Association Dues 
0
Community Features 
Urban
Senior Community 
No
MLS Area 
3 - Eastside, Circle Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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