5500 Ackerfield Avenue 502, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
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Long Beach, California 90805
This 3-bedroom, 2-bathroom condominium represents a Strong Value Opportunity, listed at a List Price of $419,000—positioned well above the $404,227 Fair Market Value by -3%. Featuring a Condition Rating of 3, the unit offers move-in ready updates including fresh paint, new laminate flooring, and a remodeled bathroom. Residents enjoy a swimming pool and two assigned parking spaces. While school ratings are modest, the property provides a functional, low-maintenance lifestyle. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking an affordable entry into the Long Beach market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5500 Ackerfield Avenue 502 Subject | $419,000* List Price | 3 | 2 | 1,066 | $379 | - |
A 5500 5500 Ackerfield Avenue 501 Sold | $410,000 | 3 | 2 | 1,072 | $382 | 0.0 mi |
B 5500 Ackerfield Sold | $443,000 | 3 | 2 | 1,072 | $413 | 0.0 mi |
C 5500 Ackerfield Pending | $335,000 List Price | 2 | 1 | 876 | $382 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1968, the unit features recent interior updates including new laminate flooring, fresh paint, and a remodeled bathroom. It is functional and move-in ready, meeting the criteria for a well-maintained property with a 5-15 year renovation profile.
The unit features fresh paint, new laminate flooring, and a remodeled bathroom, providing a modern aesthetic that minimizes the need for immediate renovation.
The inclusion of two assigned parking spaces is a significant asset in a high-density Long Beach neighborhood where parking is typically at a premium.
Offering a 3-bedroom, 2-bathroom configuration for under $420,000, this property represents an affordable entry point for families or investors seeking maximum utility.
The absence of in-unit laundry hookups requires residents to use communal building facilities, which may be a drawback for buyers prioritizing convenience.
The assigned public schools carry relatively low ratings (ranging from 3 to 5), which could impact the property's appeal to education-focused families and long-term resale value.
Welcome to this beautiful 3 bed and 2 bath condominium nestled in the heart of the vibrant Long Beach neighborhood. Situated on a quiet tree-lined street, this apartment is just minutes away from shops, schools and transportation. Master bedroom with lots of closet space and attached bathroom. Fresh paint and fairly new laminated floorings , remodeled bathroom and lots of closet space and storage. Assigned 2 parking spaces and plenty of street parking. The building offers swimming pool and Laundry for residents' convenience and enjoyment.
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,066 | 1,403 | 31% |
| Lot Size | 172,770 | - | 77% |
| Price | $419.0K | $685.0K | 38% |
| Price per sq ft | $393 | $442 | 15% |
| Built year | 1968 | 2025 | 38% |
| HOA | $427.0 | $458 | 46% |
| Days on market | 20 | 111 | 8% |
May 25, 2026
$419,000
Initial Listing
Dec 30, 2019
$325,000
Public Record
Jan 15, 2019
$305,000
Public Record
Jul 11, 2003
$143,500
Public Record