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1059 Gladys Ave
Long Beach, CA 90804 Eastside Long Beach

$2,295,000 USD

Apartments For Sale  •  6,230 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,230 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1923
  • Zoning LBR2N
50 Transit Score
70 Walk Score

Highlights

Assumable Loan at 3.57% Until May 2032
Approximately $150K in Loan Payment Savings
Positive Leverage Investment
Individually Metered for Electric
$191,250 per Unit / 6.56% Market Cap Rate

Amenities

  • Laundry Facilities

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 3.8 mi
John Wayne/Orange County 28 min - 19.7 mi
Los Angeles International 33 min - 22.8 mi
Robert Stepp 310-463-2916 Stepp Commercial - KWPE
Robert Stepp 310-463-2916 Stepp Commercial - KWPE