Listed by: Dana Hughes, Redfin Corporation
$397,000
●
Condo -
Off Market
5530 Ackerfield Avenue #504
Long Beach, CA 90805
2 Beds
2 Baths
943 Ft²
$2,314
Est. Monthly
$350
HOA / Fees
5.85%
Cap Rate
About This Property
Beautiful and spacious two-bedroom, two-bath condo in Long Beach.
This home features laminate and tile flooring throughout. The
living area is generous in size and adjacent to the dining room,
which connects to the kitchen. The kitchen boasts recessed
lighting, granite countertops, stainless steel appliances, a custom
backsplash, and custom cabinets. A window over the sink provides a
lovely view outside. The primary bedroom includes laminate
flooring, a large closet, and a private bathroom with granite
counters and a glass shower. This unit also comes with two covered
parking spots and is conveniently located near restaurants,
schools, and transportation.
Unit Size
943 Ft²
Days on Market
63 days
Land Size
3.97 acres
Price per sqft
$424
Property Type
Condo
Property Taxes
-
HOA Dues
$350
Year Built
-
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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: 3 years ago (CRMLS #PW24140059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | Listed by Redfin Corporation | $399,900 | |
| Listed by Redfin Corporation | |||
| Jun 25, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by CENTURY 21 CITRUS REALTY INC | $295,000 | |
| Listed by CENTURY 21 CITRUS REALTY INC | |||
| | |||
|
BEST LOCATION in the complex! GROUND LEVEL and END UNIT with lots of PRIVACY and a convenient parking spot directly across from it, plus a second parking space in a covered carport. This cute, cozy, and desirable condominium features 2 bedrooms and 2 bathrooms. The entire property has been recently UPGRADED. The kitchen includes granite countertops, wood cabinetry, all beautiful stainless-steel appliances which include an electric range, refrigerator, dishwasher, and microwave. FRESH PAINT and NEW laminate wood FLOORS throughout make this home nice and clean. The master and hallway bathrooms have been tastefully upgraded as well. Both bedrooms are spacious and the master includes a walk-in closet. The HOA amenities include a private and secure complex, a beautiful sparkling blue pool, an enclosed dog play area, a laundromat featuring coin or app pay method, BBQ area and well-maintained grounds. This is a great opportunity and will not last so make it yours today!
| |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Covered, Carport
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: One
Interior Features: Ceiling Fans, Granite Counters, Storage, Bedroomon Main Level, Walk In Closets
Appliances: Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
Flooring Type: Laminate
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Year Built: 1969
Parcel Number: 7157012092
Home Type: Residential
Structure Type: House
Spa Features: Association, Community
Pool Features: Community, In Ground, Association
Lot Size Source: Assessor
Lot Size Acres: 3.9672
Elevation Units: Feet
Utilities Details
Cooling Type: None
Heating Type: Electric
Location Details
Association Fee Includes: Sewer
Association Amenities: Pool, Pet Restrictions, Pets Allowed, Trash, Water
Association Fee: $350
Association Fee Frequency: Monthly
Community Features: Street Lights, Sidewalks, Pool
Subdivision: Ackerfield Condos (AC)
High School District: Paramount Unified
Subdivision Name: Ackerfield Condos (AC)
Directions: Cross Streets: Paramount Blvd / South St.
Other Details
Listing Terms: Cash, Conventional, Submit
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2025
|
2 Bed
|
1 Bath
|
873 ft²
|
$394,000
2 Bed
1 Bath
873 ft²
|
$394,000
10/03/2025
|
Prashant Sampat
Pacific Avenue Realty
| |
|
08/11/2025
|
2 Bed
|
2 Bath
|
945 ft²
|
$410,000
2 Bed
2 Bath
945 ft²
|
$410,000
08/11/2025
|
Prashant Sampat
Pacific Avenue Realty
| |
|
06/11/2025
|
2 Bed
|
1 Bath
|
873 ft²
|
$383,000
2 Bed
1 Bath
873 ft²
|
$383,000
06/11/2025
|
Prashant Sampat
Pacific Avenue Realty
| |
|
04/16/2025
|
2 Bed
|
1 Bath
|
873 ft²
|
$374,500
2 Bed
1 Bath
873 ft²
|
$380,000
+1.47%
06/10/2025
|
Prashant Sampat
Pacific Avenue Realty
| |
|
04/11/2025
|
1 Bed
|
1 Bath
|
639 ft²
|
$309,000
1 Bed
1 Bath
639 ft²
|
$300,000
-2.91%
07/12/2025
|
Nicholas Jenkins
Human Matrix Real Estate
| |
|
03/12/2025
|
1 Bed
|
1 Bath
|
639 ft²
|
$325,000
1 Bed
1 Bath
639 ft²
|
$350,000
+7.69%
04/17/2025
|
Fidencio Villagrana
Home Smart Realty Group
| |
|
11/12/2024
|
3 Bed
|
2 Bath
|
1066 ft²
|
$424,900
3 Bed
2 Bath
1066 ft²
|
$440,000
+3.55%
01/10/2025
|
Daniel Howard
Compass
| |
|
08/30/2024
|
2 Bed
|
1 Bath
|
876 ft²
|
$385,000
2 Bed
1 Bath
876 ft²
|
$390,000
+1.30%
01/15/2025
|
Vinod Dudheker
Vinpro Realty
| |
|
08/23/2024
|
3 Bed
|
2 Bath
|
1072 ft²
|
$450,000
3 Bed
2 Bath
1072 ft²
|
$440,000
-2.22%
10/29/2024
|
Jody Clegg
Compass
| |
|
08/12/2024
|
1 Bed
|
1 Bath
|
641 ft²
|
$320,000
1 Bed
1 Bath
641 ft²
|
$315,000
-1.56%
10/24/2024
|
Jody Clegg
Compass
| |
|
08/12/2024
|
2 Bed
|
1 Bath
|
873 ft²
|
$390,000
2 Bed
1 Bath
873 ft²
|
$370,000
-5.13%
11/16/2024
|
Jody Clegg
Compass
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
943 ft²
|
$399,900
2 Bed
2 Bath
943 ft²
|
$397,000
-0.73%
09/11/2024
|
Dana Hughes
Redfin Corporation
| |
|
05/19/2024
|
2 Bed
|
1 Bath
|
876 ft²
|
$399,000
2 Bed
1 Bath
876 ft²
|
$410,000
+2.76%
12/04/2024
|
Patricia Serrano
Exp Realty of California Inc
| |
|
04/01/2024
|
1 Bed
|
1 Bath
|
641 ft²
|
$310,000
1 Bed
1 Bath
641 ft²
|
$305,000
-1.61%
09/20/2024
|
Claire Kirksey
Compass
| |
|
12/05/2022
|
2 Bed
|
1 Bath
|
876 ft²
|
$369,900
2 Bed
1 Bath
876 ft²
|
-
-
|
Mark Lorico
Keller Williams - La Mirada
| |
|
02/24/2022
|
1 Bed
|
1 Bath
|
639 ft²
|
$249,999
1 Bed
1 Bath
639 ft²
|
-
-
|
Paige Andersen
Keller Williams Realty
| |
|
03/21/2021
|
2 Bed
|
1 Bath
|
876 ft²
|
$285,000
2 Bed
1 Bath
876 ft²
|
$278,000
-2.46%
05/11/2021
|
EDWIN BLANCO
CENTURY 21 REALTY MASTERS
| |
|
12/09/2020
|
2 Bed
|
2 Bath
|
938 ft²
|
$369,000
2 Bed
2 Bath
938 ft²
|
-
-
|
-
| |
|
11/29/2020
|
1 Bed
|
1 Bath
|
639 ft²
|
$214,999
1 Bed
1 Bath
639 ft²
|
$215,000
+0.00%
02/25/2021
|
Richard Arellano
| |
|
05/25/2020
|
2 Bed
|
1 Bath
|
876 ft²
|
$281,500
2 Bed
1 Bath
876 ft²
|
$281,500
07/08/2020
|
Marjorie Tyson
Berkshire Hathaway H.S.C.P.
| |
|
05/20/2020
|
1 Bed
|
1 Bath
|
641 ft²
|
$220,000
1 Bed
1 Bath
641 ft²
|
$205,000
-6.82%
11/19/2020
|
Sharon Sanchez
| |
|
03/20/2020
|
1 Bed
|
1 Bath
|
641 ft²
|
$199,999
1 Bed
1 Bath
641 ft²
|
$210,000
+5.00%
05/11/2020
|
Navy Ortiz
Bronwyn Realty Inc
| |
|
01/21/2020
|
3 Bed
|
2 Bath
|
1072 ft²
|
$332,800
3 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
08/19/2019
|
2 Bed
|
2 Bath
|
938 ft²
|
$304,999
2 Bed
2 Bath
938 ft²
|
$305,000
+0.00%
10/24/2019
|
Chris Trainotti
On The Move Realty
| |
|
06/07/2019
|
3 Bed
|
2 Bath
|
1066 ft²
|
$328,800
3 Bed
2 Bath
1066 ft²
|
$325,000
-1.16%
07/18/2019
|
Rod McIntosh
| |
|
03/12/2019
|
2 Bed
|
2 Bath
|
943 ft²
|
$295,000
2 Bed
2 Bath
943 ft²
|
$295,000
06/25/2019
|
Rebeca Kachlik
CENTURY 21 CITRUS REALTY INC
| |
|
01/15/2019
|
2 Bed
|
1 Bath
|
873 ft²
|
$295,500
2 Bed
1 Bath
873 ft²
|
$270,000
-8.63%
05/20/2019
|
JEANNE HAI
RE/MAX PREMIER/SANMARINO
| |
|
01/03/2019
|
2 Bed
|
2 Bath
|
938 ft²
|
$277,500
2 Bed
2 Bath
938 ft²
|
$257,500
-7.21%
02/19/2019
|
John Hernandez
eXp Realty of California, Inc.
| |
|
01/03/2019
|
2 Bed
|
1 Bath
|
873 ft²
|
$279,900
2 Bed
1 Bath
873 ft²
|
$270,000
-3.54%
08/19/2019
|
Colleen Low
Keller Williams Pacific Estate
| |
|
11/26/2018
|
1 Bed
|
1 Bath
|
639 ft²
|
$215,000
1 Bed
1 Bath
639 ft²
|
$222,000
+3.26%
01/08/2019
|
Shawn Shahbazi
Keller Williams Realty
| |
|
10/05/2018
|
1 Bed
|
1 Bath
|
639 ft²
|
$199,900
1 Bed
1 Bath
639 ft²
|
$205,000
+2.55%
10/30/2018
|
Michael Avendano
So Cal Real Estate
| |
|
08/09/2018
|
2 Bed
|
1 Bath
|
873 ft²
|
$264,500
2 Bed
1 Bath
873 ft²
|
$265,500
+0.38%
12/31/2018
|
Lily Richards
T.N.G.Real Estate Consultants
| |
|
07/29/2017
| |
3 Bed
|
2 Bath
|
1066 ft²
|
-
3 Bed
2 Bath
1066 ft²
|
-
-
|
-
|
|
06/08/2017
|
3 Bed
|
2 Bath
|
1066 ft²
|
$235,000
3 Bed
2 Bath
1066 ft²
|
$235,000
07/24/2017
|
ADOLFO PAZ
RE/MAX TOP PRODUCERS
| |
|
02/18/2016
|
1 Bed
|
1 Bath
|
641 ft²
|
$108,000
1 Bed
1 Bath
641 ft²
|
$108,000
09/14/2016
|
Nikita Brown
Nikita Brown, Broker
|
Building Info
5530 Ackerfield Avenue
5530 Ackerfield Avenue, Long Beach, CA 90805
- 3 Units for Sale
About Paramount and South
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Listed by: Dana Hughes, Redfin Corporation
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24140059
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24140059
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