1720 Petaluma Ave
- Parent-Guaranteed Rents: Leases backed by parental guaranties
- Built-In University Demand: 0.5 miles from CSU Long Beach
- Rent Control Hedge: Rents reset to market every year
- Hands-Off Ownership – Passive Income: Specialized student housing manager will stay on
Property Description
11-Bedroom CSULB Student Housing Offering
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,395,000 |
| No. of Units: | 11 |
| Year Built: | 1954 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $217,727 |
| Property Website | Click Here |
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Remax Real Estate Professionals
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Jared Ennis
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Rick Recckio
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Greg Corbin
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Lenders
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout