$880,000
●
House -
Off Market
3717 Canehill Avenue
Long Beach, CA 90808
3 Beds
1 Bath
1,242 Ft²
$4,051
Est. Monthly
About This Property
Owned by the same family for over 50 years, this single-level home
reflects a long history of pride of ownership.
Located directly across the street from Patrick Henry Dual Immersion School-recognized as California's number one dual language elementary school and awarded the CABE Seal of Excellence. The property is set in the well-established Carson Park neighborhood. The home features a private backyard, a detached two-car garage, original hardwood floors preserved beneath the carpet, and inside laundry. A new 30-year roof was completed in December 2025, eliminating the need for a new buyer to allocate funds for this future improvement.
Known by neighbors for generations as the Wishing Well House, the property offers the new owner an opportunity to remodel and update according to their own taste and vision.
Located directly across the street from Patrick Henry Dual Immersion School-recognized as California's number one dual language elementary school and awarded the CABE Seal of Excellence. The property is set in the well-established Carson Park neighborhood. The home features a private backyard, a detached two-car garage, original hardwood floors preserved beneath the carpet, and inside laundry. A new 30-year roof was completed in December 2025, eliminating the need for a new buyer to allocate funds for this future improvement.
Known by neighbors for generations as the Wishing Well House, the property offers the new owner an opportunity to remodel and update according to their own taste and vision.
Unit Size
1,242 Ft²
Days on Market
24 days
Land Size
0.12 acres
Price per sqft
$664
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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: 8 months ago (CRMLS #OC26017815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 25, 2026 | Listed by Compass | $825,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About East End
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Listed by: Kara Welliver, Compass
Last Updated: 8 months ago
Data Source: CRMLS, MLS# OC26017815
Last Updated: 8 months ago
Data Source: CRMLS, MLS# OC26017815
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