1450 Peterson, Long Beach, California 90813, Long Beach, 90813 - bed, bath

1450 Peterson, Long Beach, California 90813 home-pic-0

1450 Peterson

Long Beach, California 90813

ACTIVE
CONDITION: POOR
0Beds
0Baths
1,475Sq Ft
5,129Lot Size

Property Price

LIST PRICE$825,000

SUMMARY

Analysis of 1450 Peterson, Long Beach, California 90813 is currently available with a list price of $825,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1916 and sold 'AS-IS,' this property requires substantial rehabilitation. The front unit's kitchen is severely outdated, lacking appliances, and features old cabinets and tile, necessitating a full renovation. While the rear unit has more updated kitchen appliances and flooring, the overall age of the property and the condition of the main unit's kitchen and exterior elements indicate significant repairs are needed.

PROSSTRENGTHS & OPPORTUNITIES

  • Income Potential

    This property offers significant income potential as a duplex, featuring two separate homes on one lot, allowing an owner to live in one unit and rent out the other.

  • Prime Location

    Centrally located in Long Beach, close to Cal State Long Beach, the Long Beach port, various parks, restaurants, and public transportation, enhancing its appeal to renters and residents.

  • Ample Parking & Outdoor Space

    Features rear alley access with a large iron gate, a substantial covered cement patio suitable for entertaining or tandem parking for 4+ cars, and an additional storage shed.

CONSRISKS & DEFICIENCIES

  • As-Is Condition

    The property is sold in 'AS-IS' condition, which may imply a need for immediate repairs, upgrades, or deferred maintenance, requiring additional investment from the buyer.

  • Age of Property

    Built in 1916, the property is over a century old, which could lead to potential issues with outdated systems (plumbing, electrical) and higher maintenance costs.

  • Limited Bathrooms in Main Unit

    The front 3-bedroom unit currently has only one bathroom, which may be a drawback for larger families or multiple occupants, despite the description noting room to add another.

About 1450 Peterson

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.

Property Details

Public Facts

Property Type
Duplex
Year Built
1916
Lot Size
5,129 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot1,4752,366
33%
Lot Size5,1295,001
53%
Price$825.0K$985.0K
40%
Price per sq ft$559$374
80%
Built year19161922
33%
HOA$0$0
50%
Days on market82138
20%

Pricing History

Listed for Sale

Dec 14, 2025

$825,000

Initial Listing

Sold

Oct 24, 2023

$750,000

Public Record

Sold

Oct 6, 2005

$529,000

Public Record

Sold

Jun 14, 2004

$1,554,545

Public Record

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