Home | Los Angeles County | Long Beach | 90815 | 1720 Petaluma Ave
1720 Petaluma Ave, Long Beach, CA 90815
MLS: CRPW26197030 | Status: Active | Price: $2,590,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
7,378 |
2022 |
Located in one of the most coveted, supply constrained submarkets in SoCal, 1720 Petaluma Ave is situated in East Long Beach, just 0.5mi from CSULB's campus. The property is a new construction, purpose built student housing opportunity consisting of two spacious, detached units on an oversized lot. Grossing $182,580 annually, 1720 Petaluma's units consist of a front house 7 bedroom/7 bath open floorplan unit, and a rear home 4 bedroom/4 bath unit with expansive 15ft ceilings and ample natural light. Both units benefit from high end appliances, luxury finishes, and ensuite, private bathrooms.
Each unit has dedicated laundry machines, private patios, and a large back yard with a lounge area and spa for tenants' enjoyment.
Given the lack of available CSULB student housing, these high-end, new construction units have had consistent, overwhelming rental demand. Additionally, each lease comes with parental co-signer guarantees, and tenants pay 100% of utilities.
1720 Petaluma is priced attractively at a 5% cap rate with another 13% in NOI upside.
This opportunity provides access to a strong and steady renter base, a unique hedge against CA rent control, strong rental upside, and long term appreciation in an A+ location.
| Field |
Value |
| MLS # |
CRPW26197030 |
| MLS Source |
California Regional MLS |
| Days on Site |
9 |
Features
Interior Features
| Feature |
Details |
| Appliances |
Other |
Exterior Features
| Feature |
Details |
| Pool |
None |
| Feature |
Details |
| Garage/Parking |
Garage, Off-Street Parking, Garage: 1 Car(s) |
| HOA Fee |
$0 |
| Listing Agent |
Co-Listing Agent |
| Shane Young |
Daniel Lewin |
| Younglewin Advisors, Inc. |
Younglewin Advisors, Inc. |
| License #: 01963090 |
License #: 01932742 |
| Phone: – |
Phone: – |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
2 |
2 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of September 09, 2026. For the most current information, please contact Shane Young.