Los Altos, X-100 (34) Homes with Shared Driveway Parking features

Welcome to Los Altos, a charming neighborhood nestled in the vibrant city of Long Beach, California. Known for its serene atmosphere and community spirit, Los Altos offers a perfect blend of suburban tranquility and urban convenience. With tree-lined streets, well-maintained parks, and a warm sense of community, it's no wonder that families and professionals alike are drawn to this lovely area.

Los Altos is conveniently located near major thoroughfares, making commutes to downtown Long Beach and beyond a breeze. Residents enjoy easy access to a variety of shopping, dining, and entertainment options, with local favorites just a stone's throw away. The area is also home to excellent schools, parks, and recreational facilities, making it an ideal setting for families looking to settle down.

One of the unique features of homes in Los Altos is the shared driveway parking, which adds a layer of convenience for residents. These homes often come with well-designed layouts that maximize space and functionality, making them perfect for both growing families and busy professionals. The shared driveway parking not only fosters a sense of community but also ensures that residents have easy access to their vehicles without the hassle of street parking.

Whether you’re looking for a cozy bungalow or a spacious family home, Los Altos has something for everyone. Embrace the warmth of this inviting neighborhood and discover the perfect place to call home in Long Beach. Experience the charm of Los Altos, where community meets convenience, and make your dream home a reality!

Newest Los Altos, X-100 (34) Homes with Shared Driveway Parking features

$2,590,000

PW26197030 MLS ⋅ Active Status

Located in one of the most coveted, supply constrained submarkets in SoCal, 1720 Petaluma Ave is situated in East Long Beach, just 0.5mi from CSULB's campus. The property is a new construction, purpose built student housing opportunity consisting of two spacious, detached units on an oversized lot. Grossing $182,580 annually, 1720 Petaluma's units consist of a front house 7 bedroom/7 bath open floorplan unit, and a rear home 4 bedroom/4 bath unit with expansive 15ft ceilings and ample natural light. Both units benefit from high end appliances, luxury finishes, and ensuite, private bathrooms. Each unit has dedicated laundry machines, private patios, and a large back yard with a lounge area and spa for tenants' enjoyment. Given the lack of available CSULB student housing, these high-end, new construction units have had consistent, overwhelming rental demand. Additionally, each lease comes with parental co-signer guarantees, and tenants pay 100% of utilities. 1720 Petaluma is priced attractively at a 5% cap rate with another 13% in NOI upside. This opportunity provides access to a strong and steady renter base, a unique hedge against CA rent control, strong rental upside, and long term appreciation in an A+ location.

1720 Petaluma Ave, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.