2715 Petaluma Avenue, Long Beach, California 90815, Long Beach, 90815 - 3 bed, 2 bath
2715 Petaluma Avenue
Long Beach, California 90815
Property Price
SUMMARY
Analysis of 2715 Petaluma Avenue, Long Beach, California 90815 reveals a Fairly Priced Property with a current list price of $1,199,999 aligned with the estimated $1,195,507 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 Petaluma Avenue Subject | $1,199,999* List Price | 3 | 2 | 1,408 | $849 | - |
A 2615 Petaluma Sold | $1,088,000 | 3 | 2 | 1,227 | $887 | 0.1 mi |
B 2511 Nipomo Avenue Sold | $1,195,000 | 3 | 2 | 1,366 | $875 | 0.3 mi |
C 6449 E Los Arcos Sold | $1,035,000 | 3 | 2 | 1,426 | $726 | 0.5 mi |
D 2853 Josie Avenue Sold | $920,000 | 2 | 1 | 1,314 | $700 | 0.3 mi |
E 5845 E Deborah Sold | $1,140,000 | 3 | 2 | 1,400 | $814 | 1.0 mi |
F 2729 N Studebaker Sold | $1,116,000 | 3 | 2 | 1,210 | $922 | 0.1 mi |
G 6702 E El Salvador Street Active | $1,395,000 List Price | 3 | 2 | 1,323 | $1,054 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1951, this property has undergone a very recent and extensive renovation. The kitchen features brand-new, modern two-tone shaker cabinets, quartz countertops, a stylish patterned backsplash, and new stainless steel appliances. Both bathrooms are completely remodeled with contemporary fixtures, including a freestanding tub and a walk-in shower with modern tiling. New flooring, fresh paint, updated lighting, and new doors throughout give the home a virtually new interior, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Remodel & Upgrades
The property has been recently remodeled and is full of upgrades, including a fully remodeled kitchen, offering a modern and move-in ready living experience.
- Modern Open Concept Design
The home features an all-connected living room, dining area, kitchen, and patio, creating a spacious and contemporary open-concept atmosphere ideal for modern living.
- Seamless Indoor-Outdoor Entertainment
Accordion folding doors connect the living room and patio, providing excellent flow for entertaining guests and enjoying the Southern California climate.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1408, other record living area = 1347.
- Significant Price Discrepancy
The current list price of $1,199,999 is substantially higher than recent sales in October 2024 ($871,000 and $820,000), which may require strong justification through the recent upgrades and current market conditions.
- Age of Original Construction
Despite extensive remodeling, the property's original build year of 1951 could imply potential underlying infrastructure considerations (e.g., plumbing, electrical) that may not have been fully updated, or simply a perception of an older home.
About 2715 Petaluma Avenue
Must see it! Recently remodeled and full of upgrades. Home brings an atmosphere of relaxation that features a creamy-white background, with an all connected living room, dinning, kitchen and patio. Living room and patio is connected with an accordion folding doors Perfect for entertaining guess. The fully remodeled kitchen with beautiful soft blue and gray graphic pattern with plenty of cabinets will make cooking fun. Property is located in the Plaza neighborhood of Long Beach, on a quiet, tree-lined street. It is situated on a residential street with easy access to the amenities of El Dorado Park. El Dorado Park offers features such as Hiking, Biking, a lake and El Dorado golf course. Property is located only 3 miles 11 minutes away from Cal-State Long Beach, 4 miles 12 min from Long Beach City College, and 5 miles 15 min from Long Beach Marina.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 5,231 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,408 | 1,527 | 39% |
| Lot Size | 5,231 | 6,202 | 5% |
| Price | $1.20M | $1.14M | 58% |
| Price per sq ft | $852 | $747 | 79% |
| Built year | 1951 | 1953 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 163 | 18% |
Pricing History
Listed for Sale
Nov 19, 2025
$1,199,999
Initial Listing
Sold
Oct 9, 2024
$871,000
Public Record
Sold
Oct 8, 2024
$820,000
Public Record