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Listed by: Robert Stepp (310) 774-3740 DRE #01456379, Todd Hawke DRE #01376219 | Keller Williams Realty Downey (562) 334-1500
$2,295,000
Monthly Est:$11,423
1 Bed
- 1 Bath
6,230sqft
1059 Gladys, Long Beach, CA 90804
$2,295,000
$11,423/moEst:
Get Pre-Approved
Mixed Use
Built in 1923
$-- HOA
6,502 sqft lot
$368/sq.ft
Description
1059 Gladys Avenue presents the opportunity to acquire a 12-unit multifamily property in popular Eastside Long Beach. The property offers all 1BD/1BA units (two are renovated) with on-site laundry facilities. Electricity is separately metered, while gas is master-metered with one water heater. The assumable financing is particularly compelling: approximately $1.451 million at a fixed 3.57% interest rate, representing roughly 63% LTV and fully amortizing over the remaining loan term. Annual debt service is ~$78,870. In the current interest-rate environment, this low cost of debt is a significant investment advantage. At the $2.295 million asking price, the property produce...
Continue Reading- Houzeo last checked: 12 minutes ago
- Listing updated: September 14, 2026 at 6:01 pm
- Source: California Regional MLS-CA | MLS#: PW26200874

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
6,230 sqft
Lot Size
6,502 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26200874
MLS Status
Active
Days on Market
5

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Common Area
Other Features
Lot Features
Eleven To Fifteen Units Acre
Community Features
Sidewalks
Subdivision Name
Eastside (es)
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $2,295,000 $368/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 11:00PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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