361 Gladys Long Beach, CA $ 1,430,000
361 Gladys
$ 1,430,000
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361 Gladys

Long Beach, CA, 90814
$ 1,430,000
Baths1.0 Sq 2,582

Monthly Estimate*

$ 8,805

Listed by Steven M. Bogoyevac, Broker
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,430,000 with 1 full bath. This 2,582 square foot home was built in 1919 on a lot size of 0.1492.

361 Gladys Avenue is a charming three-unit property nestled in Long Beach’s sought-after Bluff Heights neighborhood. The front residence is a beautifully updated two-bedroom Craftsman home, making this an ideal acquisition opportunity for an owner-occupant seeking both immediate move-in convenience and supplemental rental income from the rear units. The front home blends timeless architectural details with thoughtful modern upgrades, including new central air and heating, a new water heater, remodeled kitchen and bathrooms, refinished hardwood floors, updated electrical, and copper plumbing. A quaint private backyard creates a welcoming retreat for outdoor dining or relaxation. Behind the main house, a period-correct duplex mirrors the charm of the front residence and offers two one-bedroom units with Craftsman details such as built-ins, gorgeous trimwork, hardwood floors, and decorative fireplaces. Additional amenities include driveway parking, a dedicated storage/garage space with laundry hookups, and a second rear garage area providing ample storage for both owner and tenants. Situated just moments from the vibrant dining, shopping, and coastal attractions that define this historic neighborhood, 361 Gladys Avenue offers the unique combination of owner-occupancy potential, character architecture, and income-producing upside in one of Long Beach’s most desirable neighborhoods.

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Multi-Family Active

Price

$ 1,430,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1492

Year Built

1919

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26037263

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 2
Pool Features None
Year Built 1919
Property Subtype Triplex
Gross Income 85200
Community Features Suburban
County Los Angeles
Net Operating Income 55593
Operating Expense 27051
Insurance Expense 0
New Construction false
Property Type Residential Income
Subdivision Name n/a
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South of 4th north of Colorado
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 3
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6500
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Triplex
Cap Rate 3.89
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 3
Lot Size Area 6500
Number of Buildings 3
Building Area Total 2582
Lot Size Acres 0.1492
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

Email

Affordability Calculator

$8,805
Per Month
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Monthly Principal & Interest
$8,805
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,430,000 Listed Price

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361 Gladys, Long Beach, CA, 90814 is a Multi-Family Home for sale at $1,430,000 with 2,582 sqft and a lot size of 0.1492. 361 Gladys is a studio with 1.0 baths and was built in 1919. The property's zip code is 90814 which is in Long Beach, CA