For SaleRisky Deal6 days on market
388 E Ocean Blvd Unit 709
388 E Ocean Blvd Unit 709, Long Beach, CA 90802, Long Beach, CA 90802
$465,000
Estimate®:$461,200
Listing Price
388 E Ocean Blvd Unit 709, Long Beach, CA 90802
Loc: Long Beach, CA
Days Listed
6
Tax Assessed
$453k
Estimate®
$461k
Market Rate
Lot Size
2.77 acres
Rent Estimate
$2,438/mo
Est. Cash Flow base
Type
condo
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.
5
Stevenson Elementary School
K-5
0.6 mi away
4
Franklin Classical Middle School
6-8
0.8 mi away
7
Polytechnic High School
9-12
1.5 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
Condominium2004CentralCentral Air1 Attached Garage space$788 monthly6 Days$788
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.58%
Total ROI
36.8%
Cash Flow
$-1,024/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,024/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Long Beach, CA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $465,000 | $788 |
| 2026-05-27 | Sold | $415,000 | $703 |
| 2026-05-19 | Pending sale | $439,999 | $746 |
| 2026-03-01 | Contingent | $439,999 | $746 |
| 2026-01-16 | Listed for sale | $439,999 | $746 |
| 2025-08-29 | Listing removed | $2,495 | $4 |
| 2025-07-29 | Price change | $2,495 | $4 |
| 2025-06-28 | Listed for rent | $2,595 | $4 |
| 2024-03-29 | Listing removed | $0 | – |
| 2024-02-14 | Price change | $2,450 | $4 |
| 2022-11-10 | Listed for rent | $2,400 | $4 |
| 2021-04-30 | Sold | $410,000 | $695 |
| 2014-12-20 | Listing removed | $1,775 | $3 |
| 2014-10-31 | Price change | $1,775 | $3 |
| 2013-07-31 | Price change | $1,750 | $3 |
| 2013-07-14 | Listed for rent | $1,695 | $3 |
| 2006-06-06 | Sold | $332,500 | $564 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $452,671 |
| 2025 | $5,948.23 | $443,796 |
| 2024 | $5,692.57 | $435,095 |
| 2023 | $5,593.51 | $426,564 |
| 2022 | $5,247.76 | $418,200 |
| 2021 | $5,253.59 | $419,769 |
| 2020 | $5,239.68 | $415,466 |
| 2019 | $5,239.68 | $391,000 |
| 2018 | $4,965.51 | $391,000 |
| 2017 | $4,965.51 | $358,000 |
| 2016 | $4,604.33 | $310,659 |
| 2015 | $3,821.86 | $290,000 |
| 2014 | $3,643.32 | $300,000 |
| 2012 | $0 | $204,500 |
| 2011 | $0 | $242,500 |
| 2010 | $0 | $242,500 |
| 2009 | $0 | $242,500 |
| 2008 | $0 | $345,933 |
| 2007 | $0 | $339,150 |
| 2006 | $0 | $120,491 |
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