Listed by: Kyle Jones, RE/MAX CHAMPIONS
$375,000
●
Condo -
Off Market
5535 Ackerfield Avenue #50
Long Beach, CA 90805
2 Beds
2 Baths
852 Ft²
$2,190
Est. Monthly
$275
HOA / Fees
8.71%
Cap Rate
About This Property
Remodeled unit, new paint, new carpet, new blinds, new dishwasher,
new stove, new refrigerator, ready for a new owner
Unit Size
852 Ft²
Days on Market
121 days
Land Size
1.89 acres
Price per sqft
$458
Property Type
Condo
Property Taxes
-
HOA Dues
$275
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 #CV24207242)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Price Decreased |
$389,999
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Oct 6, 2024 | Listed by RE/MAX CHAMPIONS | $399,999 | |
| Listed by RE/MAX CHAMPIONS | |||
Property Highlights
Parking Available
Fireplace
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: One
Interior Features: All Bedrooms Up
Appliances: Dishwasher, Electric Oven, Electric Range
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Year Built: 1969
Parcel Number: 7157012085
Home Type: Residential
Structure Type: MultiFamily
Pool Features: Association
Lot Size Source: Assessor
Lot Size Acres: 1.8924
Elevation Units: Feet
Utilities Details
Cooling Type: None
Heating Type: Central
Location Details
Association Amenities: Controlled Access, Barbecue, Pool, Trash
Association Fee: $275
Association Fee Frequency: Monthly
Community Features: Curbs, Gutters, Suburban
Subdivision: Ackerfield Condos (AC)
High School District: Piedmont
Subdivision Name: Ackerfield Condos (AC)
Directions: From 91 South on Paramount to South St. West to Ackerfield South
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: Kyle Jones, RE/MAX CHAMPIONS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24207242
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24207242
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