5500 Ackerfield 304, Long Beach, California 90805, Long Beach, 90805 - 1 bed, 1 bath
Loading property details...
Long Beach, California 90805
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned slightly above the $294,751 Fair Market Value. While the unit requires cosmetic updates to address its Condition Rating of 4, the property offers a strategic entry point into the Long Beach market. Its proximity to the 710 and 91 freeways ensures strong rental demand for commuters. This is a stable, value-add asset ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5500 Ackerfield 304 Subject | $299,000* List Price | 1 | 1 | 639 | $461 | - |
A 5530 Ackerfield 314 Active | $315,000 List Price | 1 | 1 | 641 | $491 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968 (56 years old) with no major renovations mentioned in the listing. While the flooring appears to be a newer laminate, the presence of popcorn ceilings and the 'opportunity awaits' marketing language indicate the unit is dated and requires updates to the kitchen and bathroom to meet modern standards.
Priced under $300,000, this property represents a rare and highly accessible entry point into the Southern California real estate market, making it ideal for first-time buyers or investors.
The property is ideally positioned with rapid access to the 710 and 91 freeways, providing excellent connectivity for professionals commuting throughout Los Angeles and Orange Counties.
The inclusion of an assigned carport parking space is a significant asset in Long Beach, offering guaranteed convenience and security in a high-density residential area.
The $427 monthly HOA fee is relatively high for a 639-square-foot one-bedroom unit, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
Constructed in 1968, the property may lack the modern energy efficiencies and contemporary amenities found in newer developments, potentially requiring future capital improvements.
Opportunity awaits with this well-positioned 1-bedroom, 1-bath condo in Long Beach at the Hampton Condominium Community. The home offers 639 sqft of living space, a functional layout, and the bedroom has ample closet space. Assigned one carport parking included. Ideally situated with quick freeway access to the 710 and 91, the property is conveniently located minutes from the Lakewood Center, dining, shopping, and local conveniences.
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 | 1.0 | 3.0 | 31% |
| Baths | 1.0 | 3.0 | 31% |
| Square foot | 639 | 1,403 | 31% |
| Lot Size | 172,811 | - | 77% |
| Price | $299.0K | $685.0K | 15% |
| Price per sq ft | $468 | $447 | 62% |
| Built year | 1968 | 2025 | 38% |
| HOA | $427.0 | $458 | 46% |
| Days on market | 39 | 111 | 15% |
May 6, 2026
$299,000
Initial Listing
Mar 22, 2018
$205,000
Public Record
Jul 7, 2003
$93,000
Public Record
Mar 24, 2000
$51,000
Public Record
Nov 24, 1999
$25,000
Public Record