1206 Gladys Avenue is an eight-unit, value-add apartment asset located in Long Beach. Built in 1986, the property features desirable 1980's construction. All eight apartments are sizable 2 BD / 2 BA units. Two of the units have been upgraded with luxury finishings, including in-unit washers and dryers, new cabinets and countertops, AC, minisplits, and tankless water heaters. The onsite laundry room and 14 parking spaces provide the opportunity for additional income.
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| List Price | $2,875,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 14 spots |
| Year Built | 1986 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7259017025 |
| MLS # | PW25276188 |
| Property ID | 291999964 |
| Lot Sqft | 6,350 |
| Zoning | Unknown |
| Total Units | 8 |
| Applicances | Washer% |
| Date Updated | March 31, 2026 |
| Date Created | December 15, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $19,200 | $0 |
| Net Income (Yr) | $ 177,468 |
James Hebish an agent of . Lic #02135254
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Robert Crawford
REAL ESTATE AGENT