1450 Peterson Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated payment $5,126/month
Highlights
- Fishing
- Ductless Heating Or Cooling System
- Bike Trail
- Long Beach Polytechnic High School Rated A
- Laundry Room
- 5-minute walk to Douglas Macarthur Park
About This Home
Long Beach! Here is a once in a lifetime opportunity to not only become a real estate investor or first time home buyer but also to own a property close to California's coastline! Live in one and rent out the other! This property features 2 separate homes on one lot, a 3 bedroom and 1 bath home almost 1,000 sf, with tile floors in living area, a decent sized kitchen with plenty of cabinet and counter space and huge service porch/laundry area, plenty of room to add a bath! Front unit has its own covered patio. The rear unit is a junior one bedroom one bath home with almost 500 sf. of living space, stainless steel kitchen appliances, and grey driftwood look floors. This property has fully fenced front and rear yards, rear alley access with large iron gate, and has large, covered cement patio that could be used for entertaining or tandem parking for 4 cars possibly more! There is also an additional storage shed for additional storage. Centrally located! Close to Cal State Long Beach, Long Beach port, parks, restaurants and public transportation. Super easy to view! Come see it today! Sold AS-IS Condition.
Listing Agent
Inzunza Real Estate Inc. Brokerage Phone: 951-544-8801 License #01342370 Listed on: 12/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 5,129 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,475 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5752
- Assessor Parcel Number 7268039008
- $477 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
- North Long Beach Subdivision
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Fuel Expense $1,000
- Insurance Expense $1,800
- Trash Expense $920
- Water Sewer Expense $1,800
- Operating Expense $7,320
- Gross Income $61,500
- Net Operating Income $300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,789 | $765,000 | $459,000 | $306,000 |
| 2024 | $9,789 | $750,000 | $450,000 | $300,000 |
| 2023 | $8,891 | $676,260 | $364,140 | $312,120 |
| 2022 | $8,348 | $663,000 | $357,000 | $306,000 |
| 2021 | $6,580 | $515,282 | $257,641 | $257,641 |
| 2020 | $6,563 | $510,000 | $255,000 | $255,000 |
| 2019 | $6,487 | $500,000 | $250,000 | $250,000 |
| 2018 | $8,001 | $635,344 | $360,309 | $275,035 |
| 2016 | $7,362 | $610,675 | $346,319 | $264,356 |
| 2015 | $7,065 | $601,503 | $341,117 | $260,386 |
| 2014 | $7,017 | $589,721 | $334,435 | $255,286 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/14/2025 12/14/25 | For Sale | $825,000 | 0.0% | $559 / Sq Ft | |
| 12/12/2023 12/12/23 | Rented | $3,000 | 0.0% | -- | |
| 11/16/2023 11/16/23 | Price Changed | $3,000 | -7.7% | $2 / Sq Ft | |
| 10/25/2023 10/25/23 | Price Changed | $3,250 | 0.0% | $2 / Sq Ft | |
| 10/24/2023 10/24/23 | Sold | $750,000 | 0.0% | $508 / Sq Ft | View Prior Sale |
| 10/19/2023 10/19/23 | For Rent | $3,000 | 0.0% | -- | |
| 09/16/2023 09/16/23 | Pending | -- | -- | -- | |
| 09/16/2023 09/16/23 | Off Market | $750,000 | -- | -- | |
| 09/08/2023 09/08/23 | For Sale | $699,900 | -- | $475 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | First American Title Company | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Trustee Deed | $154,746 | None Available | |
| Trustee Deed | $361,947 | Accommodation | |
| Grant Deed | $529,000 | -- | |
| Grant Deed | $1,554,545 | Ticor Title | |
| Interfamily Deed Transfer | $55,000 | American Title Co | |
| Interfamily Deed Transfer | -- | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $724,968 | FHA | |
| Previous Owner | $423,200 | Purchase Money Mortgage | |
| Previous Owner | $342,000 | Purchase Money Mortgage | |
| Previous Owner | $129,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25275860
APN: 7268-039-008
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