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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
Open on Google Maps ↗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
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
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
Only large teams outsell Mike Watson · Keller Williams Realty
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