1
Map
$730,000
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House -
Off Market
3224 Petaluma Avenue
Long Beach, CA 90808
3 Beds
2 Baths
1,672 Ft²
$1,096,362
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Huge opportunity to own this single level remodeled ranch home in a
highly sought after neighborhood pocket of the Plaza! This home
features a great open floorplan with the Classic original 1950's
hardwood floors. The must see kitchen shines! Features include
quartz counters, shaker-style white cabinets, tile floors,
stainless steel appliances and a built in breakfast nook. All rooms
are light and bright with plenty of windows. Custom tile walk in
shower with frameless glass doors. The living room fireplace is
adjacent to the formal dining area which is perfect for
entertaining. Good size backyard with covered patio is the ideal
place to relax in privacy. Centrally located to schools, parks,
walking trails, shopping, dining, entertainment and freeways!
Turnkey and ready to move in now.
Unit Size
1,672 Ft²
Days on Market
55 days
Land Size
0.14 acres
Price per sqft
$448
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #OC19223627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Sep 21, 2019 | Listed by Harcourts Prime Properties | $749,000 | |
| Listed by Harcourts Prime Properties | |||
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by Realty One Group West | $635,000 | |
| Listed by Realty One Group West | |||
 | |||
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Just what you were waiting for! A beautiful home in a great neighborhood with nationally recognized, award winning schools! This Plaza charmer features original hardwood floors, beautiful rich wood walls, fresh paint, new lighting, two bathrooms with new quartz counters, sinks and fixtures - this home is move in ready! The bright and big bonus room will give you and your family more than enough room to give everyone their own space and room to grow! New gates, garage door and recent furnace. This home also features great outdoor living space ready for your personal touch! Walk to the wonderful schools, Eldorado Park, Archery Range, and Golf Course - Enjoy this great home for years to come.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East End
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Listed by: Frank Magdaleno, Harcourts Prime Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19223627
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19223627
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