
Long Beach, California 90805
This Spacious Condominium is a Strong Value Opportunity, listed at $349,999—positioned well below the $385,350 Fair Market Value by 9%. This valuation gap offers $35,351 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern vinyl flooring and quartz countertops, this upper-level end unit provides a turnkey lifestyle. With community pool access and two dedicated parking spaces, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5530 Ackerfield 508 Subject | $394,900* List Price | 2 | 2 | 943 | $428 | - |
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 5535 Ackerfield Avenue 28 Sold | $443,000 | 3 | 2 | 1,071 | $414 | 0.1 mi |
D 5535 Ackerfield Sold | $330,000 | 1 | 1 | 672 | $491 | 0.1 mi |
E 5500 Ackerfield Avenue 502 Sold | $420,000 | 3 | 2 | 1,066 | $394 | - |
F 5500 Ackerfield Ave 104 Active | $439,000 List Price | 2 | 2 | 943 | $466 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1969, the property has undergone a comprehensive remodel within the last 5 years. It features modern vinyl flooring, updated baseboards, a stylish kitchen with white shaker cabinets and quartz countertops, and fully remodeled bathrooms with newer vanities and fixtures, meeting the criteria for mint condition.
The unit features a comprehensive remodel including vinyl flooring, quartz countertops, and white shaker cabinetry, providing a move-in-ready aesthetic for buyers.
As an upper-level end unit, this property offers enhanced privacy and natural light, further complemented by the rare inclusion of two dedicated parking spaces and additional storage.
Priced under $350,000 for a 2-bedroom, 2-bathroom layout in Long Beach, this property represents an accessible entry point for first-time buyers and a strong opportunity for investors.
The absence of in-unit laundry requires residents to use community facilities, which may be a convenience drawback compared to more modern condominium developments.
The assigned public schools carry lower-to-average ratings (3-5 range), which may be a consideration for families prioritizing high-performing educational districts.
Welcome to 5530 Ackerfield Avenue Unit #508, Long Beach, CA 90805! This spacious 2-bedroom, 2-bathroom upper-level end unit offers a fantastic opportunity for first-time home buyers and investors alike. The home continues to showcase the character of its thoughtful remodel, featuring beautiful vinyl flooring throughout, updated baseboards, and a stylish kitchen with white shaker cabinets and quartz countertops that create a bright and inviting space. Both bedrooms are generously sized, while the primary suite offers a walk-in closet, an additional standard closet, and an en-suite bathroom with an updated double-sink vanity. The guest bathroom also features a remodeled design with a newer vanity, shower enclosure, and updated fixtures. Enjoy the convenience of being just a short walk from the community pool and laundry facilities. The HOA has also invested in community improvements, including a key fob entry system at all gate entrances, a security camera system, and exterior paint. The unit is conveniently located near its assigned uncovered parking space and also includes an additional covered parking space with a small upper storage area. Whether you're looking to purchase your first home or searching for an attractively priced property to add to your investment portfolio, this is an opportunity worth exploring. With its spacious layout, desirable end-unit location, two parking spaces, and inviting updates, this Long Beach home offers the potential to be a smart addition to your real estate journey.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 943 | 924.282 |
| Lot Size | 172,811 | 30,288.04 |
| Price | $394.9K | $521.1K |
| Price per sq ft | $419 | $569 |
| Built year | 1969 | 1976 |
| HOA | $425.0 | $460 |
| Days on market | 28 | 74 |
Aug 27, 2026
$394,900
$394,999
+0% Price Increase
Initial Listing
Aug 20, 2026
$394,999
$349,999
+13% Price Increase
Initial Listing
Aug 12, 2026
$349,999
Initial Listing
Mar 4, 2022
$345,000
Public Record
Feb 27, 2019
$200,000
Public Record
Apr 3, 2009
$100,000
Public Record
Jul 13, 2005
$218,000
Public Record
Mar 12, 2003
$120,000
Public Record