New Construction Student Housing
For Sale
$2,590,000
1720 Petaluma Ave, Long Beach, CA 90815
Two detached residences feature private ensuite baths, dedicated laundry, patios, and outdoor tenant amenities.
Property Size3,260 SF
Days on Market8
Property Features for 1720 Petaluma Ave
General Information
Standard status
Active
Size
3,260 SF
Property subtype
Apartment
Financials
Cap Rate
5%
Gross Income
$182,580
Units
Unit Mix
1 x 7BR/7BA, 1 x 4BR/4BA
Multifamily Units
2
Amenities
高端电器
豪华饰面
套房私人浴室
专用洗衣设备
私人庭院
休闲区
spa
Building Details
Building Size
3,260 SF
Year Built
2022
Stories
1
Listing Agency:
Younglewin Advisors, Inc.
Listed By:
Shane Young · License #01963090
(562) 556-1118
Source:
Nolanrossre.kw
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 16 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Younglewin Advisors, Inc.
Investment Insights
Based on property information with market context.
Built in 2022, this purpose-built duplex includes two separate residences configured for student housing. The front home offers a seven-bedroom, seven-bath layout, while the rear residence contains four bedrooms and four bathrooms. Both units include private ensuite bathrooms, dedicated laundry machines, high-end appliances, luxury finishes, and private patios. The rear home also features 15-foot ceilings and abundant natural light.
Outdoor amenities include a large backyard, lounge area, and spa. Lease arrangements include parental co-signer guarantees, and tenants are responsible for 100% of utilities. The property is located in East Long Beach, approximately 0.5 miles from the CSULB campus, placing both residences near the university's student population.
Outdoor amenities include a large backyard, lounge area, and spa. Lease arrangements include parental co-signer guarantees, and tenants are responsible for 100% of utilities. The property is located in East Long Beach, approximately 0.5 miles from the CSULB campus, placing both residences near the university's student population.
Key Highlights
- Two detached units configured for student housing
- Front residence includes 7 bedrooms and 7 bathrooms
- Rear residence includes 4 bedrooms, 4 bathrooms, and 15‑foot ceilings
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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Business Placement
Demographics for 90815, CA
41,837
Population
15,908
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
5,893
Density / Sq Mi
$116,567
Median Household Income
$66,669
Median Earnings
$2,263
Median Rent
$890,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences feature private ensuite baths, dedicated laundry, patios, and outdoor tenant amenities.
Where is this duplex located?
The property is located at 1720 Petaluma Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Two detached units configured for student housing; Front residence includes 7 bedrooms and 7 bathrooms; Rear residence includes 4 bedrooms, 4 bathrooms, and 15‑foot ceilings
