5500 Ackerfield 309, 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 $265,000—positioned well below the $275,200 Fair Market Value by 3%. This valuation gap offers $10,200 in Instant Equity for buyers. With a Condition Rating of 5, the unit requires a full rehabilitation, yet the VA Approved status and top-floor privacy provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build sweat equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5500 Ackerfield 309 Subject | $265,000* List Price | 1 | 1 | 639 | $431 | - |
A 5500 Ackerfield 304 Active | $299,000 List Price | 1 | 1 | 639 | $468 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 and explicitly marketed as a 'Fixer Upper,' this property shows significant wear including heavily stained/soiled carpeting, dated kitchen cabinetry, and original bathroom fixtures. The interior requires a full rehabilitation to address cosmetic and likely system-age issues.
The building is VA approved, providing a significant advantage for veteran buyers looking for accessible financing options with low down payments.
Located on the top floor, this unit offers a quieter living experience with no neighbors above and enhanced privacy compared to lower-level units.
As a fixer-upper priced under $300k, this property presents a prime opportunity for investors or first-time buyers to build immediate sweat equity through renovations.
The property is explicitly listed as a fixer-upper, meaning buyers must budget for immediate additional costs and labor to make the unit move-in ready.
Built in 1968, the unit and building may require updates to older systems and lack the modern energy efficiencies or amenities found in newer developments.
VA Approved building! Fixer Upper, 1 bedroom, located on top floor (so no one above you), full size bathroom. Kitchen has stove, dishwasher, newer refrigerator. Large dual closets. 1 car parking space with storage.
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 | 36% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 639 | 1,072 | 36% |
| Lot Size | 172,811 | - | 73% |
| Price | $265.0K | $443.0K | 9% |
| Price per sq ft | $415 | $447 | 36% |
| Built year | 1968 | 1972 | 45% |
| HOA | $410.0 | $427 | 45% |
| Days on market | 64 | 113 | 9% |
Apr 26, 2026
$265,000
$250,000
+6% Price Increase
Initial Listing
Apr 3, 2026
$250,000
Initial Listing
Jun 8, 2016
$135,000
Public Record