5500 Ackerfield 104, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 2 bath
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Long Beach, California 90805
Analysis of 5500 Ackerfield 104, Long Beach, California 90805 is currently available with a list price of $230,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1968 (56 years old) with no evidence of recent renovations, falling into the >30-50 year rehab category. The interior photo shows extreme clutter and neglect, suggesting the unit requires a full gut renovation of the kitchen, bathrooms, and flooring, as well as updates to aged systems.
Priced at $230,000, this property offers a rare entry-level price point for a 2-bedroom, 2-bathroom condo in the Long Beach area, making it highly attractive for first-time buyers and budget-conscious investors.
The 943-square-foot floor plan features a desirable dual-suite configuration with two full bathrooms, providing maximum privacy and utility for roommates or small families.
The property is situated in the Lakewood City area with close proximity to shopping centers, local schools, and essential services, ensuring high demand for both owner-occupants and renters.
Built in 1968 and marketed as an 'opportunity,' the unit likely requires cosmetic or system upgrades to meet modern aesthetic standards and maximize its market value.
The $400 monthly association fee represents a significant recurring expense relative to the purchase price, which may impact the overall affordability and cash flow for investors.
Welcome to the city Long Beach great opportunity to own this 2 bed two bath condo investor or first time home buyer . Close to shopping centers , Schools and much more .
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 4-8 • 2.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 943 | 1,072 | 36% |
| Lot Size | 172,811 | - | 73% |
| Price | $230.0K | $443.0K | 9% |
| Price per sq ft | $244 | $447 | 9% |
| Built year | 1968 | 1972 | 45% |
| HOA | $400.0 | $427 | 36% |
| Days on market | 63 | 113 | 9% |
May 11, 2026
$230,000
$195,000
+18% Price Increase
Initial Listing
Apr 4, 2026
$195,000
Initial Listing
Dec 11, 2002
$118,000
Public Record