Listed by: Tamara Jones-Jamison, Keller Williams South Bay
$305,000
●
Condo -
Off Market
5535 Ackerfield Avenue #39
Long Beach, CA 90805
1 Bed
1 Bath
671 Ft²
$1,620
Est. Monthly
$215
HOA / Fees
6.44%
Cap Rate
About This Property
Will Sell Quickly! This charming and spacious 1-bedroom, 1-bathroom
condo in North Long Beach is perfect for first-time buyers or savvy
investors. Featuring an open floor plan, the unit includes an
assigned parking space and boasts an extra-large master bedroom
with a generous walk-in closet. An additional hallway closet
provides even more storage. The gated community offers excellent
amenities, including a pool and on-site laundry facilities. Water
and trash are included in the low HOA fee. Conveniently located
near the 91 and 710 freeways, as well as shopping, dining, and
parks, this condo is a must-see!
Unit Size
671 Ft²
Days on Market
68 days
Land Size
1.89 acres
Price per sqft
$426
Property Type
Condo
Property Taxes
-
HOA Dues
$215
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: 2 years ago (CRMLS #SB24237068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Keller Williams South Bay | $285,999 | |
| Listed by Keller Williams South Bay | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Assigned, Carport, Detached Carport
Total Garage and Parking Spaces: 44
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Levels: One
Interior Features: Breakfast Bar, Ceiling Fans
Appliances: Electric Range, Water Heater
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Year Built: 1969
Parcel Number: 7157012074
Home Type: Residential
Structure Type: MultiFamily
Outdoor Living Structures: None
Spa Features: None
Pool Features: Community, Association
Lot Size Source: Assessor
Lot Size Acres: 1.8924
Elevation Units: Feet
Utilities Details
Cooling Type: None
Heating Type: None
Utilities: Water Not Available
Location Details
Association Amenities: Pool
Association Fee: $215
Association Fee Frequency: Monthly
Community Features: Curbs, Pool
Subdivision: New England Manor
High School District: Long Beach Unified
Subdivision Name: New England Manor
Directions: Off South Street between Cherry Ave and Paramount Ave
Other Details
Listing Terms: Cash, CashToExistingLoan, 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: Tamara Jones-Jamison, Keller Williams South Bay
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24237068
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24237068
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