5500 Ackerfield Avenue 307, Long Beach, California 90805, Long Beach, 90805 - 1 bed, 1 bath
5500 Ackerfield Avenue 307
Long Beach, California 90805
Property Price
SUMMARY
Analysis of 5500 Ackerfield Avenue 307, Long Beach, California 90805 is currently available with a list price of $315,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive renovation in August 2024, featuring a modern kitchen with stainless steel appliances, quartz countertops, and subway tile backsplash. The interior includes new wood-look flooring, updated recessed lighting, contemporary ceiling fans, and a fully refreshed bathroom. Despite the 1968 build year, the recent high-quality updates and move-in-ready condition meet the criteria for excellent quality.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Renovations
The unit was tastefully updated in August 2024, offering a modern, move-in-ready interior that provides a fresh aesthetic within a classic 1968 structure.
- Financial Incentives
The property qualifies for special Census Tract credits, providing potential buyers with unique financial advantages or closing cost assistance that can improve affordability.
- Desirable Location
Situated near the sought-after Bixby Knolls and Cal Heights neighborhoods, the property offers excellent proximity to premium local dining, shopping, and amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 716, other record living area = 641.
- Lack of Scenic Views
The property is officially listed as having no view, which may be a drawback for buyers seeking the coastal or city vistas often associated with Long Beach living.
- Modest School Ratings
The assigned public schools carry lower-than-average ratings, which could be a consideration for future resale value or families prioritizing educational performance.
About 5500 Ackerfield Avenue 307
VETERAN APPROVED UNIT/COMMUNITY! Use your GI bill or a VA loan to own this home with ZERO down. A picture is worth a 1000 words and you know what you are looking for...Did you just find it? This home was nicely updated in August of 2024 (As seen in the photos prior to the sale last year). Fast forward to today...as much as the seller said he has enjoyed living here, he fell in love, got married and was offered an amazing job out of state. So now it is your turn to call this one home. Enjoy your reserved & covered parking, living in an upstairs unit near the pool and being just down the street from Bixby Knolls and Cal Heights. Ask about special Census Tract CREDITS available on the property. The property is no longer furnished, as seen in the photos
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 172,811 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $410.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Captain Raymond Collins School
Grades K-5 • 1.1 mi
Leona Jackson School
Grades 4-8 • 2.0 mi
Buena Vista High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 716 | 873 | 18% |
| Lot Size | 172,811 | 43,560 | 82% |
| Price | $315.0K | $394.0K | 9% |
| Price per sq ft | $440 | $451 | 27% |
| Built year | 1968 | 1969 | 27% |
| HOA | $410.0 | $410 | 50% |
| Days on market | 80 | 191 | 27% |
Pricing History
Listed for Sale
Dec 27, 2025
$315,000
$300,000
+5% Price Increase
Initial Listing
Price Change
Dec 16, 2025
$300,000
Initial Listing
Sold
Sep 27, 2024
$320,000
Public Record
Sold
Sep 28, 2011
$54,500
Public Record
Sold
Feb 24, 2006
$190,000
Public Record
Sold
Dec 17, 2003
$110,000
Public Record
Sold
Mar 12, 2001
$53,000
Public Record
Sold
Oct 11, 1995
$44,000
Public Record