13391343 Petersons, Long Beach, California 90813, Long Beach, 90813 - bed, bath
ACTIVE$840,000
13391343 Petersons, Long Beach, California 90813
0Bed
0Bath
1,516Sqft
5,748Lot
Year Built
1921
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$554
HOA
-
Days on market
-
Sold On
-
MLS number
PW25220534
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $840.0K(50th), sqft - 1516(15th), beds - undefined(50th), baths - undefined(50th).
this 3 units located in the area close to markets, stores and restaurants close to Anaheim and Cherry.
Price History
Date
Event
Price
09/18/25
Listing
$840,000
Condition Rating
Poor
Built in 1921, this property is over 100 years old. The provided images show a dated exterior with visible wear on the siding, cracked concrete, and security bars on windows and doors, suggesting deferred maintenance and a need for substantial exterior repairs. There are no interior photos, which prevents assessment of the kitchen and bathrooms, but for a property of this age without any mention of recent renovations, it is highly probable that major systems (plumbing, electrical, HVAC) are original or very old and would require significant rehabilitation and updates to meet current standards and safety codes. The overall impression is that the property requires substantial repairs and rehabilitation.
Pros & Cons
Pros
Income-Generating Asset: As a triplex, this property offers immediate potential for multiple rental income streams, making it an attractive investment for cash flow.
Prime Downtown Location: Situated in the desirable Downtown Long Beach area, the property benefits from proximity to markets, stores, restaurants, and key thoroughfares like Anaheim and Cherry, enhancing tenant appeal.
Investment Opportunity: A multi-unit residential income property in an urban core like Long Beach presents a strong investment opportunity for both rental yield and potential long-term appreciation.
Generous Lot Size: The 5748 sqft lot provides ample space for a triplex, potentially offering outdoor amenities for tenants or future expansion possibilities, subject to local zoning.
Established Neighborhood: Built in 1921, the property is part of a mature and established neighborhood in Long Beach, indicating existing infrastructure and community stability.
Cons
Advanced Age of Property: Constructed in 1921, the property is over a century old, likely requiring significant capital expenditures for deferred maintenance, system upgrades (e.g., plumbing, electrical), and modernization to remain competitive.
Limited Unit Size (Implied): With 1516 total square feet divided among three units, individual units are likely small, which could limit tenant demographics and potential rental income compared to properties with larger units.
Lack of Detailed Information: The sparse property description provides no specifics on unit configurations (e.g., bedrooms/bathrooms per unit), current rental income, or the overall condition of the units, making a thorough financial assessment challenging for prospective buyers.