$422,500
●
Condo -
Off Market
5535 Ackerfield Avenue #3
Long Beach, CA 90805
2 Beds
2 Baths
940 Ft²
$2,350
Est. Monthly
$361
HOA / Fees
5.73%
Cap Rate
About This Property
Welcome to your newly renovated home in the heart of Long Beach!
This beautifully updated two-bedroom, two-bath condo is move-in
ready and features an open-concept layout with plenty of natural
light. Thoughtfully upgraded from top to bottom, the home boasts
brand new luxury vinyl plank flooring, fresh paint throughout, new
cabinets, stunning countertops, and all new appliances that make
cooking and entertaining a breeze. Tucked inside a well-maintained
gated community, you'll enjoy access to a variety of amenities
including two assigned parking spaces, pool, BBQ area, and
recreation room-perfect for relaxing or gathering with friends and
family. Conveniently located near major freeways, this home offers
quick access to everything Long Beach has to offer, including
Lakewood Mall, local parks, schools, and the Long Beach Exchange
shopping center. Plus, you're a short drive from the beach, making
this location ideal for those who love coastal living and weekend
getaways. Don't miss this exceptional opportunity to own a
meticulously maintained and stylishly upgraded condominium in
Northern Long Beach!
Unit Size
940 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$431
Property Type
Condo
Property Taxes
-
HOA Dues
$361
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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: 2 years ago (SDMLS #NDP2505446)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by HomeSmart Realty West | $405,000 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Has Carport
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 940
Square Footage Source: $0
Year Built: 1969
Levels: One
Pool Features: Community, Association
Lot Size Units: Square Feet
Utilities Details
Cooling Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Insurance, Pool, Trash, Water, PetRestrictions
HOA Fee: $361
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/06/2026
|
2 Bed
|
2 Bath
|
854 ft²
|
$429,999
2 Bed
2 Bath
854 ft²
|
-
-
|
Michael Quintana Torres
CENTURY 21 REALTY MASTERS
| |
|
06/23/2026
| |
1 Bed
|
1 Bath
|
672 ft²
|
$325,900
1 Bed
1 Bath
672 ft²
|
$330,000
+1.26%
08/14/2026
|
Derek Johnson
T.N.G. Real Estate Consultants
|
|
06/02/2026
|
3 Bed
|
1 Bath
|
1071 ft²
|
$444,900
3 Bed
1 Bath
1071 ft²
|
$443,000
-0.43%
08/03/2026
|
Edwin Rivera
Remax Innovative
| |
|
08/13/2025
|
2 Bed
|
2 Bath
|
859 ft²
|
$388,000
2 Bed
2 Bath
859 ft²
|
$365,000
-5.93%
09/12/2025
|
Prashant Sampat
Pacific Avenue Realty
| |
|
07/08/2025
|
2 Bed
|
2 Bath
|
852 ft²
|
$395,000
2 Bed
2 Bath
852 ft²
|
$378,000
-4.30%
11/05/2025
|
Eric Kabbara
United Realty Group
| |
|
06/03/2025
|
2 Bed
|
2 Bath
|
940 ft²
|
$405,000
2 Bed
2 Bath
940 ft²
|
$422,500
+4.32%
07/17/2025
|
Dj Olhausen
HomeSmart Realty West
| |
|
11/18/2024
|
1 Bed
|
1 Bath
|
671 ft²
|
$285,999
1 Bed
1 Bath
671 ft²
|
$305,000
+6.64%
01/28/2025
|
Tamara Jones-Jamison
Keller Williams Realty
| |
|
10/06/2024
|
2 Bed
|
2 Bath
|
852 ft²
|
$399,999
2 Bed
2 Bath
852 ft²
|
$375,000
-6.25%
02/04/2025
|
Kyle Jones
RE/MAX CHAMPIONS
| |
|
08/21/2024
|
1 Bed
|
1 Bath
|
672 ft²
|
$349,900
1 Bed
1 Bath
672 ft²
|
$320,000
-8.55%
01/10/2025
|
Robert Sterling
Redfin Corporation
| |
|
08/14/2024
|
2 Bed
|
2 Bath
|
868 ft²
|
$397,500
2 Bed
2 Bath
868 ft²
|
$410,000
+3.14%
09/27/2024
|
David Palmer
Keller Williams - Long Beach Pacific Estates
| |
|
05/03/2024
|
2 Bed
|
2 Bath
|
858 ft²
|
$410,000
2 Bed
2 Bath
858 ft²
|
-
-
|
Anna Stark
Allison James Estates & Homes
| |
|
03/01/2024
|
2 Bed
|
2 Bath
|
852 ft²
|
$445,000
2 Bed
2 Bath
852 ft²
|
-
-
|
Tiffany Ly
Million Real Estate
| |
|
02/04/2022
|
1 Bed
|
1 Bath
|
672 ft²
|
$279,900
1 Bed
1 Bath
672 ft²
|
-
-
|
Reina Franco
Nationwide Real Estate Execs
| |
|
01/22/2020
|
1 Bed
|
1 Bath
|
672 ft²
|
$229,000
1 Bed
1 Bath
672 ft²
|
$229,000
03/25/2020
|
Alfonso Ruano
Klovus Realty
| |
|
09/03/2019
|
2 Bed
|
2 Bath
|
852 ft²
|
$255,000
2 Bed
2 Bath
852 ft²
|
$255,000
11/01/2019
|
Melinda Elmer
Century 21 Masters
| |
|
08/14/2019
|
3 Bed
|
2 Bath
|
1069 ft²
|
$369,000
3 Bed
2 Bath
1069 ft²
|
-
-
|
Michael Grosso
Keller Williams Pacific Estate
| |
|
07/11/2019
|
1 Bed
|
1 Bath
|
672 ft²
|
$215,000
1 Bed
1 Bath
672 ft²
|
$225,000
+4.65%
11/06/2019
|
Sarom Hong
Keller Williams - Long Beach Pacific Estates
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
858 ft²
|
$272,000
2 Bed
2 Bath
858 ft²
|
$282,000
+3.68%
12/09/2019
|
Yvette Geater
Century 21 Masters
| |
|
05/21/2019
|
2 Bed
|
2 Bath
|
942 ft²
|
$275,000
2 Bed
2 Bath
942 ft²
|
$282,500
+2.73%
09/16/2019
|
Terry Avendano
Elite Homes Realty
| |
|
02/23/2019
|
2 Bed
|
2 Bath
|
868 ft²
|
$289,999
2 Bed
2 Bath
868 ft²
|
$305,000
+5.17%
04/12/2019
|
Meredyth Smith
Re/Max Cornerstone
| |
|
08/07/2018
|
1 Bed
|
1 Bath
|
671 ft²
|
$209,900
1 Bed
1 Bath
671 ft²
|
$215,000
+2.43%
10/17/2018
|
Don De Grote
Realty One Group West
| |
|
06/14/2018
| |
2 Bed
|
2 Bath
|
942 ft²
|
-
2 Bed
2 Bath
942 ft²
|
-
-
|
-
|
|
06/12/2018
|
2 Bed
|
1 Bath
|
942 ft²
|
$274,900
2 Bed
1 Bath
942 ft²
|
$285,000
+3.67%
07/19/2018
|
Don De Grote
Realty One Group West
| |
|
03/08/2018
|
1 Bed
|
1 Bath
|
671 ft²
|
$165,000
1 Bed
1 Bath
671 ft²
|
$170,000
+3.03%
06/01/2018
|
Debra Armstrong
Coldwell Banker Gene Armstrong
| |
|
09/08/2017
|
2 Bed
|
2 Bath
|
858 ft²
|
$245,000
2 Bed
2 Bath
858 ft²
|
$230,000
-6.12%
10/24/2017
|
Jeremy Tran
Option Real Estate
|
Building Info
About Paramount and South
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Listed by: Dj Olhausen, HomeSmart Realty West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2505446
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2505446
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