Seller's Agent in 2025
Chris Walker
Triqor Group
(714) 801-0173
2 in this area
12 Total Sales
375 Gladys Ave Long Beach, CA 90814
Bluff Heights Neighborhood
3
Beds
2
Baths
15,120
Sq Ft
12,197
Sq Ft Lot
Highlights
- 0.28 Acre Lot
- Laundry Room
- Rectangular Lot
- Woodrow Wilson High School Rated A
About This Home
As of April 2025This 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.
Last Agent to Sell the Property
Triqor Group Brokerage Email: chris.walker@triqorgroup.com License #01905338 Listed on: 11/27/2024
Last Buyer's Agent
Triqor Group Brokerage Email: chris.walker@triqorgroup.com License #01905338 Listed on: 11/27/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 12,196 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- 7257009021
Parking
- 8 Open Parking Spaces
- 10 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 15,120 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 7257009023
- Tax Block 1
- $1,886 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 20 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $153,946
- Gross Income $373,877
- Net Operating Income $219,931
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $5,500,000 | -6.8% | $364 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | For Sale | $5,900,000 | -- | $390 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $5,344 | $278,947 | $47,284 | $231,663 |
| 2024 | $5,344 | $273,478 | $46,357 | $227,121 |
| 2023 | $5,235 | $268,117 | $45,449 | $222,668 |
| 2022 | $4,962 | $262,860 | $44,558 | $218,302 |
| 2021 | $4,794 | $257,707 | $43,685 | $214,022 |
| 2019 | $4,725 | $250,066 | $42,391 | $207,675 |
| 2018 | $4,517 | $245,163 | $41,560 | $203,603 |
| 2016 | $4,133 | $235,646 | $39,948 | $195,698 |
| 2015 | $4,001 | $232,107 | $39,348 | $192,759 |
| 2014 | $4,033 | $227,562 | $38,578 | $188,984 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Walker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24241218
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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