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New Construction Student Housing Duplex
For Sale
$2,395,000

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 Market55

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

Site & Location

Neighborhood Atherton South

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
Source: Nolanrossre.kw
Added: Sep 9 Changed: Oct 25 Last Checked: Nov 1 at 2:30AM

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.

Rey
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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.

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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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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 $2,395,000.
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
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