Under ContractSingleFamilyResidence

774 Gladys

Long Beach, CA, 90804

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$1,399,000

MLS: RS26055795

Beds

3

Baths

3

Sq Ft

1,989

Lot

0.15 ac

Year Built

1919

MLS #

RS26055795

Days on Market

8

Listed

Apr 28, 2026

Description

Welcome to 774 Gladys Ave, a truly exceptional opportunity in the highly sought-after historic neighborhood of Rose Park—just moments from the vibrant Retro Row. This two-story Craftsman airplane bungalow is a rare offering and stands out as one of the finest homes to hit the market in the area this year—a unique combo of stunning curb appeal and substantial property tax savings for the next owner thanks to the home’s active MILLS ACT enrollment. Set on an oversized 6,749 square foot lot, the property features a 1,619 square foot main residence plus a permitted ADU—an uncommon find in Rose Park. Perfect for whether you’re seeking rental income, multigenerational living, or a private office retreat. Inside, the main home showcases a bright, flowing floor plan filled with timeless character. The open living and dining areas feature classic Craftsman details, including original wood trim, wainscoting, ceiling beams, a built-in hutch, and an oversized bay window with built-in seating. The chef’s kitchen has been fully remodeled and opens directly to a beautifully landscaped, park-like backyard—perfect for entertaining or relaxing in your own private oasis. Recent upgrades provide both comfort and peace of mind, including a new 200-amp electrical panel, complete rewiring (no knob and tube), bolted foundation, air conditioning in the main living area and primary bedroom, and fresh exterior paint (2024). The detached ADU offers approximately 360 square feet of living space and includes its own kitchenette, bathroom, laundry hookups, AC, and private patio—ideal for guests or supplemental income. Relocated from Signal Hill to Rose Park in 1922, this home blends rich history with modern convenience. Enjoy close proximity to shopping, dining, coffee shops, and all that Long Beach has to offer. This is a rare chance to own a character-rich home with income potential and significant tax advantages in one of Long Beach’s most desirable historic neighborhoods.

Location

Long Beach, Los Angeles County, CA 90804

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Listed by: Justin Sidell · Dream Life Real Estate

Payment estimate

$10,249

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100

%
Principal & Interest
$7,967
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $48,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.