Search
1495 Peterson Ave, Long Beach, CA 90813
View Photos

1495 Peterson Ave Long Beach, CA 90813

$4,315,000 Sold Price as of 06/17/2021
  • 396 Beds
  • 374 Baths
  • 15,952 Sq.Ft.
Sold
$4,315,000 Sold Price as of 06/17/2021 Refinance Your Mortgage
Map preview of 1495 Peterson Ave, Long Beach, CA 90813

Property Overview: 1495 Peterson Ave Long Beach, CA has 396 bedrooms, 374 bathrooms, 15,952 living square feet and 12,805 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Long Beach income property - fully occupied with plenty of upside. 19 one bedroom, 1 bath , 2 two bed/1 bath units, 2 three bedroom, 2 bath, 1 three bedroom, 1 bath. Recently remodeled on-site coin laundry for added income. 13 single car garages. Security gates, recently replaced roof, new mailboxes, 4 bathrooms have been recently rehabbed as well. All property and income information provided to be verified by buyer or buyers' agent.

Listed by DANIEL GUSHUE | BRE #01769926 | GUSHUE REAL ESTATE
Co-listed by DAVID GUSHUE | BRE #00869260 | GUSHUE REAL ESTATE
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
12,805
HOA Dues
$0/mo
Year built
1963
Garage
13 Car
Property Type:
Apartment
Status
Sold
MLS#
CV21034656
City
Long Beach
County
Los Angeles
Time on Site
1307 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 1
  • # of Leased Units: 24
  • # of Electric Meters: 25
  • # of Gas Meters: 25
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 19
  • # of Beds: 19
  • # of Baths: 19
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,330
  • Total Rent: $19,330
  • Pro Forma/Market Rent: $22,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,335
  • Total Rent: $1,335
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 9
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,455
  • Total Rent: $4,445
  • Pro Forma/Market Rent: $5,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $306,180
  • Net Operating Income: $222,370
  • Gross Operating Income: --
  • # of Rented Garages: 7
  • Garage Rental Rate: $20
  • Garage Rental Income: $145
  • Laundry Income: $250
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $83,810
  • Electric: $1,740
  • Gas/Fuel: $6,624
  • New Taxes: $55,000
  • Trash: $5,028
  • Insurance: $6,690
  • Professional Management: $0
  • Water/Sewer: $8,712

Property Details for 1495 Peterson Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 13
  • # of Parking Spaces: 13
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 24
  • Parcel Number: 7268038021
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: south of PCH
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1495 Peterson Ave

Last sold for $4,315,000 on June 17th, 2021

  • June, 2021

  • Jun 18, 2021

    Date

    Sold

    CRMLS: CV21034656

    $4,315,000

    Price

  • Apr 1, 2021

    Date

    Pending

    CRMLS: CV21034656

    $4,800,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: CV21034656

    $4,800,000

    Price

  • Feb 25, 2021

    Date

    Pending

    CRMLS: CV21034656

    $4,800,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: CV21034656

    $4,800,000

    Price

Tax History for 1495 Peterson Ave

Assessed Value (2020): $905,798
Year Land Value Improved Value Assessed Value
2020 $216,966 $688,832 $905,798

Home Value Compared to the Market

This property vs the competition

1495 Peterson Ave sold on June 17, 2021 for 486.08% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $300.9 per/sqft which puts the price per square foot 52.09% lower than the current median sale per square foot for the city of Long Beach.

About 1495 Peterson Ave

Detailed summary of property

1495 Peterson Ave is a apartment that recently sold in Long Beach, CA 90813. This apartment offered 396 bedrooms, 374 bathrooms, roughly 15,952 living square feet, and sits on an approximately 12,805 square foot lot. 1495 Peterson Ave was first listed on ArdentRealEstateGroup.com on February 20, 2021. The homeowner sold the property for $4,315,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 486.08% higher than the current median priced home. Local homes that are currently for sale include 936 W 71st St, 5871 S San Pedro St and 1006 S Record Ave. While the average home in Long Beach, CA is selling in 62 days, 1495 Peterson Ave has a days on market of 20 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1495 Peterson Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1495 Peterson Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
15,952
Lot Size
12,807
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7268-038-021

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1495 Peterson Ave

Nearby Homes for Sale

728 Cerritos Ave, Long Beach, CA 90813
$3,800,000
15 Beds
19 Baths
11750 Sq.Ft.
728 Cerritos Ave
Long Beach, CA 90813
2223 Myrtle Ave, Long Beach, CA 90806
$3,595,000
16 Beds
14 Baths
8632 Sq.Ft.
2223 Myrtle Ave
Long Beach, CA 90806
1837 E 3rd St, Long Beach, CA 90802
$3,535,000
14 Beds
13 Baths
9378 Sq.Ft.
1837 E 3rd St
Long Beach, CA 90802
372 Freeman Ave, Long Beach, CA 90814
$4,895,000
20 Beds
18 Baths
11187 Sq.Ft.
372 Freeman Ave
Long Beach, CA 90814
1108 Termino Ave, Long Beach, CA 90804
$4,650,000
20 Beds
14 Baths
10158 Sq.Ft.
1108 Termino Ave
Long Beach, CA 90804
121 Ximeno Ave, Long Beach, CA 90803
$4,150,000
9 Beds
9 Baths
4272 Sq.Ft.
121 Ximeno Ave
Long Beach, CA 90803
5267 E Ocean Blvd, Long Beach, CA 90803
$3,549,900
20 Beds
16 Baths
2703 Sq.Ft.
5267 E Ocean Blvd
Long Beach, CA 90803
825 E 108th St, Los Angeles, CA 90059
$4,250,000
39 Beds
22 Baths
13742 Sq.Ft.
825 E 108th St
Los Angeles, CA 90059
7852-7858 16Th St, Westminster, CA 92683
$3,995,000
16 Beds
18 Baths
8800 Sq.Ft.
7852-7858 16Th St
Westminster, CA 92683
6041 Fullerton Ave, Buena Park, CA 90621
$4,250,000
20 Beds
20 Baths
10388 Sq.Ft.
6041 Fullerton Ave
Buena Park, CA 90621
9371 Cellini Ave, Garden Grove, CA 92841
$4,300,000
-- Beds
-- Baths
-- Sq.Ft.
9371 Cellini Ave
Garden Grove, CA 92841
927 S Bruce St, Anaheim, CA 92804
$3,700,000
8 Beds
14 Baths
7579 Sq.Ft.
927 S Bruce St
Anaheim, CA 92804

Recently Sold Homes Near 1495 Peterson Ave

1450 Peterson Ave, Long Beach, CA 90813
$750,000 Last Sold Price
4 Beds
0 Baths
1475 Sq.Ft.
1450 Peterson Ave
Long Beach, CA 90813
1410 E 15th St, Long Beach, CA 90813
$1,125,000 Last Sold Price
8 Beds
8 Baths
3591 Sq.Ft.
1410 E 15th St
Long Beach, CA 90813
1480 Walnut Ave, Long Beach, CA 90813
$635,000 Last Sold Price
5 Beds
3 Baths
2710 Sq.Ft.
1480 Walnut Ave
Long Beach, CA 90813
1408 Walnut Ave, Long Beach, CA 90813
$900,000 Last Sold Price
6 Beds
4 Baths
3538 Sq.Ft.
1408 Walnut Ave
Long Beach, CA 90813

Related Resources to 1495 Peterson Ave

New Listings in 90813
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote