Score
0Seal Beach, CA
4664 Candleberry Ave
1.8M
3 beds
3 baths
2,205 sqft
3 bd • 3 ba • 2,205 sf
This analysis was generated on 1/23/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,849,999
Price/Sq.Ft
$839
Year Built
1967
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This extensively renovated Seal Beach property offers exceptional value with its prime location and recent upgrades. At $839/sqft, it's competitively priced compared to the Seal Beach average of $860/sqft. The home boasts $100,000+ in recent renovations, including a new kitchen with quartz countertops ($15,000+ value), new Milgard dual-paned windows ($20,000+ value), and a resurfaced pool and spa ($25,000+ value). The property's flood risk score of 4/10 is better than many coastal properties. Located just 4 miles from the beach and near the Navy Golf Course and Old Ranch Country Club, it offers excellent amenities. The lack of HOA dues saves owners approximately $3,600-$6,000 annually compared to similar properties. The Los Alamitos School District is highly rated (9/10 for elementary and high school), adding significant value for families.
The Bad
The property's price of $1,849,999 is 15% above the Seal Beach median of $1,600,000, which may limit the buyer pool. At 2,205 sqft, it's slightly smaller than the average 4-bedroom home in the area (typically 2,400-2,600 sqft). The home's age (built in 1967) may require additional maintenance despite recent renovations. The estimated insurance cost of $6,659/year is higher than the California average of $1,200/year, likely due to the coastal location and pool. The air quality risk (5/10) and heat risk (5/10) are concerns, with 7 bad air days and 7 hot days per year, which could impact outdoor enjoyment and energy costs.
The Ugly
The total monthly ownership costs are high at approximately $10,700 ($7,700 mortgage + $555 insurance + $1,850 property taxes + $600 estimated maintenance), requiring a household income of $385,000+ (based on a 33% DTI ratio). The property has experienced a significant price drop (7.5% decrease) in a short time, suggesting potential market softening or initial overpricing. The moderate flood risk (4/10) may lead to increasing insurance premiums and potential future mitigation costs. Despite renovations, the home's age means potential for major system replacements in the next 10-15 years, including roof ($20,000+), plumbing ($10,000+), and electrical updates ($8,000+).
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is ideal for high-income professionals or families earning $385,000+ annually who prioritize a coastal lifestyle and excellent schools. It suits those seeking a move-in ready home with luxury finishes and are willing to pay a premium for recent renovations. The property is perfect for entertainers, with its pool, spa, and patio setup. Investors could potentially earn $4,350/month in rent (based on local 3-bedroom rates), though the high purchase price may result in negative cash flow initially.
Not For
Not suitable for first-time homebuyers or those with incomes below $385,000 due to high monthly costs. The property may not appeal to buyers seeking new construction or those unwilling to take on potential long-term maintenance of an older home. Not ideal for investors seeking immediate positive cash flow due to the high purchase price relative to potential rental income. The two-story layout may not suit buyers with mobility issues or those preferring single-level living.
Demographics
Area Median Income
$75,019
Property History
Price History
Ownership Timeline
$0Cash Purchase
Jul 6, 2001Jesse A Berber, Elizabeth A BerberJesse A Berber, Elizabeth A Berber
Intrafamily Transfer
Non-Arm's Length Transactions
Property Taxes
$2,256
2024 Tax Assessment
2.6%from previous year
Assessed Value$144,564
Tax Rate1.56%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
9.0/10
ExcellentMiddle
8.0/10
ExcellentHigh
9.0/10
ExcellentFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$2,090
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,849,999
Price/sqft
$839
Layout
3 bd•3 ba
Days on market
49 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$1,348,333
37.2%
Your price is 37.2% above average
Median Price
$1,370,000
35.0%
Based on 6 recent sales
Price per Sq.Ft
$646
29.9%
Your price is 29.9% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 4389 Elder Avenue, Seal Beach, CA 90740 | $1,640,000 | 2,205 | 4 | 3 | $74411.4% | 11/1/2024 |
| 3850 Wisteria Street, Seal Beach, CA 90740 | $1,370,000 | 2,120 | 4 | 3 | $64623.0% | 9/26/2024 |
| 5161 Princeton Avenue, Westminster, CA 92683 | $1,430,000 | 2,518 | 4 | 3 | $56832.3% | 10/18/2024 |
| 12321 Glacier Circle, Los Alamitos, CA 90720 | $1,100,000 | 1,902 | 4 | 3 | $57831.1% | 10/11/2024 |
| 5321 Santa Monica Avenue, Garden Grove, CA 92845 | $1,350,000 | 1,905 | 4 | 3 | $70915.5% | 9/25/2024 |
| 12332 Glacier Circle, Los Alamitos, CA 90720 | $1,200,000 | 1,902 | 4 | 3 | $63124.8% | 8/23/2024 |
4389 Elder Avenue, Seal Beach, CA 90740
Price: $1,640,000
Sq.Ft: 2,205
Beds/Baths: 4/3
$/Sq.Ft:
$74411.4%
Sale Date: 11/1/2024
3850 Wisteria Street, Seal Beach, CA 90740
Price: $1,370,000
Sq.Ft: 2,120
Beds/Baths: 4/3
$/Sq.Ft:
$64623.0%
Sale Date: 9/26/2024
5161 Princeton Avenue, Westminster, CA 92683
Price: $1,430,000
Sq.Ft: 2,518
Beds/Baths: 4/3
$/Sq.Ft:
$56832.3%
Sale Date: 10/18/2024
12321 Glacier Circle, Los Alamitos, CA 90720
Price: $1,100,000
Sq.Ft: 1,902
Beds/Baths: 4/3
$/Sq.Ft:
$57831.1%
Sale Date: 10/11/2024
5321 Santa Monica Avenue, Garden Grove, CA 92845
Price: $1,350,000
Sq.Ft: 1,905
Beds/Baths: 4/3
$/Sq.Ft:
$70915.5%
Sale Date: 9/25/2024
12332 Glacier Circle, Los Alamitos, CA 90720
Price: $1,200,000
Sq.Ft: 1,902
Beds/Baths: 4/3
$/Sq.Ft:
$63124.8%
Sale Date: 8/23/2024
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