Off MarketExcellent Deal5 days on market
3249 Petaluma Ave
3249 Petaluma Ave, Long Beach, CA 90808, Long Beach, CA 90808
$1,100,000
Estimate®:$1,195,400$95,400 Under Market
Listing Price
3249 Petaluma Ave, Long Beach, CA 90808
Loc: Long Beach, CA
Days Listed
5
Tax Assessed
$870k
Estimate®
$1195k
8% Under Valued
Lot Size
5,900 sqft
Rent Estimate
$5,123/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Cubberley K-8
K-8
0.1 mi away
8
Millikan High School
9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-family homestucco exteriorlawnpalm treestropical landscapingmature treessunset skyresidential streetwell-maintainedinviting curb appeal
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.60%
Total ROI
27.7%
Cash Flow
$1,405/mo
DSCR
1.25
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,405/mo net cash flow with a 7.6% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.6%)
- • Strong rental demand in Long Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-24 | Sold | $1,200,000 | $654 |
| 2026-08-18 | Pending sale | $1,100,000 | $599 |
| 2026-08-05 | Contingent | $1,100,000 | $599 |
| 2026-07-23 | Listed for sale | $1,100,000 | $599 |
| 2017-02-02 | Sold | $735,000 | $400 |
| 2016-10-30 | Pending sale | $729,000 | $397 |
| 2016-10-25 | Price change | $729,000 | $397 |
| 2016-10-12 | Listed for sale | $749,000 | $408 |
| 2006-04-28 | Sold | $760,000 | $414 |
| 2001-05-23 | Sold | $320,000 | $174 |
| 1997-07-01 | Sold | $251,000 | $137 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $870,082 |
| 2025 | $11,176.88 | $853,022 |
| 2024 | $10,703.06 | $836,297 |
| 2023 | $10,527.4 | $819,900 |
| 2022 | $9,876.07 | $803,824 |
| 2021 | $9,684.74 | $788,064 |
| 2020 | $9,656.81 | $779,985 |
| 2019 | $9,656.81 | $764,693 |
| 2018 | $9,230.07 | $749,700 |
| 2017 | $9,230.07 | $460,903 |
| 2016 | $5,788.82 | $451,867 |
| 2015 | $5,372.82 | $445,080 |
| 2014 | $5,118.75 | $436,362 |
| 2012 | $0 | $425,874 |
| 2011 | $0 | $417,525 |
| 2010 | $0 | $414,406 |
| 2009 | $0 | $415,392 |
| 2008 | $0 | $407,248 |
| 2007 | $0 | $399,263 |
| 2006 | $0 | $352,842 |
| 2005 | $0 | $352,842 |
| 2004 | $0 | $339,142 |
| 2003 | $0 | $332,927 |
| 2002 | $0 | $326,400 |
| 2000 | $0 | $260,762 |
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