Seller's Agent in 2025
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
46 Total Sales
1867 Gladys Ave Signal Hill, CA 90755
3
Beds
2
Baths
3,272
Sq Ft
6,098
Sq Ft Lot
Highlights
- Laundry Room
- Alvarado Elementary Rated 9+
- 2-minute walk to Hillbrook Park
About This Home
As of January 2025We are pleased to present 1867 Gladys Avenue located on the west side of Gladys conveniently located between E Pacif ic Coast Highway and E 19th St. The 2-story 3-unit multifamily subject property was originally built in 1977, which consists of approximately 3,272 square feet of building area and the entire parcel totals approximately 6,251sq. ft of land area.
The property consists of one (1) 2-Bedroom / 1.5-Bathroom unit, one (1) 2- Bedroom / 1-Bathroom unit, an d one (1) 1-Bedroom / 1- Bathroom unit. The property’s sought-after unit mix is coupled with large layouts, maximizing value. The subject property boasts two (2) single-car garages and one (1) two-car garage that can be used as parking or storage, as well as a common area laundry room for additional income.
Last Agent to Sell the Property
Marcus & Millichap Brokerage Email: kking@marcusmillichap.com License #01158184 Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,648
Year Built
- Built in 1977
Lot Details
- 6,098 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,272 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 5734
- Assessor Parcel Number 7217011004
- $1,191 per year additional tax assessments
Community Details
Overview
- 3 Units
- Signal Hill Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $549
- Fuel Expense $549
- Gardener Expense $2,200
- Insurance Expense $2,414
- Maintenance Expense $2,660
- Other Expense $750
- Professional Management Expense $2,000
- Trash Expense $549
- Water Sewer Expense $549
- New Taxes Expense $14,938
- Operating Expense $27,159
- Gross Income $59,746
- Net Operating Income $32,587
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Dec 17, 2024
Sold by
Ly Sivchheng
Bought by
Lav Kimlean
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,305,000
Premium/Discount to List
$55,000
4.4%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,080
Avg. Annual Appreciation
1.83%
Original Mortgage
$913,500
Outstanding Balance
$906,385
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$417,695
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 25, 2024
Sold by
Philip R Martin Living Trust and Guerrero Leo
Bought by
Lav Jimmy and Lav Michael
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,305,000
Premium/Discount to List
$55,000
4.4%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,500
Outstanding Balance
$906,385
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$417,695
Purchase Details
Closed on
Apr 22, 2004
Sold by
Martin Philip R
Bought by
Martin Philip R and The Philip R Martin Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Grant Deed | $1,305,000 | Fidelity National Title | |
| Grant Deed | $1,305,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $913,500 | New Conventional | |
| Closed | $913,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2025 01/07/25 | Sold | $1,305,000 | +4.4% | $399 / Sq Ft |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $1,250,000 | -- | $382 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,648 | $1,023,060 | $562,020 | $461,040 |
| 2024 | $13,648 | $1,003,000 | $551,000 | $452,000 |
| 2023 | $5,660 | $359,205 | $89,252 | $269,953 |
| 2022 | $5,352 | $352,162 | $87,502 | $264,660 |
| 2021 | $5,233 | $345,258 | $85,787 | $259,471 |
| 2019 | $5,166 | $335,020 | $83,244 | $251,776 |
| 2018 | $4,957 | $328,452 | $81,612 | $246,840 |
| 2016 | $4,584 | $315,699 | $78,444 | $237,255 |
| 2015 | $4,432 | $310,958 | $77,266 | $233,692 |
| 2014 | $4,423 | $304,868 | $75,753 | $229,115 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,002 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24221523
APN: 7217-011-004
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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