Listed by: David Palmer, Circle Real Estate
$410,000
●
Condo -
Off Market
5535 Ackerfield Avenue #34
Long Beach, CA 90805
2 Beds
2 Baths
868 Ft²
$2,207
Est. Monthly
$255
HOA / Fees
8.64%
Cap Rate
About This Property
Welcome to your new home! This charming condominium is perfect for
the first-time homebuyer looking for comfort and convenience.
Featuring two generously sized bedrooms and two bathrooms, this
unit offers a spacious floorplan that provides room to relax and
space for entertaining. Enjoy the ease of a turnkey property,
complete with recent updates including a newer garbage disposal,
microwave oven, and electrical panel. Step outside to discover the
community pool, perfect for unwinding on warm days, and take
advantage of the on-site laundry facilities for added convenience.
With everything you need right at your fingertips, this condominium
combines modern amenities with a welcoming atmosphere. Don't miss
the chance to make this your new home sweet home!
Unit Size
868 Ft²
Days on Market
44 days
Land Size
1.89 acres
Price per sqft
$458
Property Type
Condo
Property Taxes
-
HOA Dues
$255
Year Built
-
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Cap Rate Calculator
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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 #PW24167924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Circle Real Estate | $397,500 | |
| Listed by Circle Real Estate | |||
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 23, 2019 | Listed by Re/Max Cornerstone | $289,999 | |
| Listed by Re/Max Cornerstone | |||
| | |||
|
Pride of ownership for this light and bright Condo, features 2 bedrooms and 2 bathrooms. This Condo has just been painted and is tiled throughout. The hallway bathroom and Master suite bathroom have new vanities. Kitchen cabinets have a fresh coat of paint and new hardware plus granite counter tops. With dual pane windows and custom plantation shutters its a must see. This is condo community offers a community pool 2 assigned car port spaces with overhead storage and a community Laundry room.
| |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Detached Carport
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 1
Bathrooms on Main Level: 2
Levels: One
Interior Features: Breakfast Area, Country Kitchen, Open Floorplan, Galley Kitchen, Primary Suite
Appliances: Dishwasher, Electric Cooktop, Microwave
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Turnkey
Year Built: 1969
Parcel Number: 7157012069
Home Type: Residential
Structure Type: MultiFamily
Architectural Style: Contemporary
Foundation Details: Slab
Window Features: Double Pane Windows, Plantation Shutters
Spa Features: None
Pool Features: Community, In Ground, Association
Lot Size Source: Assessor
Lot Size Acres: 1.8919
Elevation Units: Feet
Utilities Details
Cooling Type: Wall Window Units
Heating Type: Radiant
Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Sewer Connected, Water Connected
Location Details
Association Amenities: Barbecue, Pool, Pets Allowed
Association Fee: $255
Association Fee Frequency: Monthly
Community Features: Curbs, Street Lights, Sidewalks, Gated, Pool
Security Features: Gated Community, Key Card Entry, Smoke Detectors
Subdivision: North Long Beach (NLB)
High School District: Paramount Unified
Subdivision Name: North Long Beach (NLB)
Directions: From Paramount / South, travel west on South to Ackerfield, turn left on Ackerfield. Unit in the second building on the right
Other Details
Listing Terms: Cash, CashtoNewLoan, Conventional
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: David Palmer, Circle Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24167924
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24167924
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