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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Long Beach / 1720 Petaluma Ave
1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 1720 Petaluma Ave Long Beach, CA 90815 View All Photos

$2,590,000

| Active

1720 Petaluma Ave

Long Beach, CA 90815

0.17
Acres
1
Days on Market
PW26197030
MLS#
Multi-Family
Type
House
Structure
Residential
Zone
Contact
Listing OfficeYounglewin Advisors, Inc.

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.

Property Details
Cooling
1
Heating
Ductless
Cooling Features
Ductless
Lot Features
Back Yard, Front Yard, Lawn, Yard
Stories
1
Lot Description
Back Yard, Front Yard, Lawn, Yard
Acres
0.169
Lot Size (sqft)
7378.0
Parking Features
Garage, Shared Driveway, On Street
Parking
1
Parking Spaces
3.0
Parking Type
Garage
Parking Garage Spaces
1.0
Property Type
Multi-Family
Property Subtype Additional
Apartment
Year Built
2022
Sewer Information
Public Sewer
Utility Source
Public
Subdivision
X-100s (X1)
Community Features
Biking, Curbs, Dog Park, Golf, Gutters, Park, Storm Drains, Street Lights, Suburban, Sidewalks, Water Sports
County
Los Angeles
Region
Long Beach
Original List Price
$2,590,000
HOA Fees
0.0
MLS #
PW26197030
Property Subtype
Apartment
Parcel Number
7239001027
MLS #
PW26197030
Date Listed
September 08, 2026
Address
1720 Petaluma Ave
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Shane Young (#PWYOUNSHA)
Listing Office: Younglewin Advisors, Inc. (#PB20845)

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