$355,000
SOLD JAN 27, 2025

5500 Ackerfield Ave Unit 211 Long Beach, CA 90805

Paramount Neighborhood
2 Beds
1 Bath
876 Sq Ft
$350/mo HOA Fee

Recently Sold

$405 Per Sq Ft

4% Below List Price

137 Days on Market

Highlights

  • 3.97 Acre Lot
  • Community Pool
  • Central Heating
  • Main Floor Bedroom
  • Laundry Room

About This Home

As of January 2025

This is a 2-bedroom, 1-bath condo with plenty of potential and a great investor opportunity! Located moments from nearby Davenport Park and just over a mile from Lakewood Mall and close to the newly built Long Beach Exchange shopping center. This gated community offers a convenient laundry room with plenty of washers and dryers, as well as a community pool, and this unit offers two assigned parking spaces at 254 and 275. Conveniently located near shopping, the 91 and 710 freeways. **SELLER IS SELLING MULTIPLE UNITS IN THE COMMUNITY -- GREAT OPPORTUNITY FOR INVESTORS. CONTACT AGENT FOR MORE DETAILS**

Last Agent to Sell the Property

Jody Clegg

Compass Brokerage Phone: 714-515-7052 License #01230876 Listed on: 08/25/2024

Compass

Co-Listed By

Claire Kirksey

Compass Brokerage Phone: 714-515-7052 License #02176974

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012200
  • $279 per year additional tax assessments

Community Details

Overview

  • 226 Units
  • True Community Association, Phone Number (310) 217-4104
  • Ackerfield Condos Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: No
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012200
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 876.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 405.25
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: True Community
  • Phone: 3102174104
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: True Community

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 172811.00
  • Lot Size Acres: 3.9672

Multi Family

  • Lease Considered: No
  • Lot Size Area: 172811.0000 Square Feet
  • Number Of Units In Community: 226
  • Number Of Units Total: 226

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract Number: 35130
  • TaxOtherAnnualAssessmentAmount: 279.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2016
Sold by
Spears Kimberly R
Bought by
Lunagaria Ravji and Lunagaria Bharati
Current Estimated Value
$366,435
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $165,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $355,000 -1.4% $405 / Sq Ft
12/03/2024 12/03/24 Price Changed $360,000 -1.4% $411 / Sq Ft
11/09/2024 11/09/24 Price Changed $365,000 -1.4% $417 / Sq Ft
08/25/2024 08/25/24 For Sale $370,000 +124.2% $422 / Sq Ft
10/18/2016 10/18/16 Sold $165,000 -13.2% $188 / Sq Ft View Prior Sale
10/17/2016 10/17/16 Price Changed $190,000 0.0% $217 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $190,000 +15.2% $217 / Sq Ft
07/05/2016 07/05/16 Off Market $165,000 -- --
07/01/2016 07/01/16 For Sale $190,000 -- $217 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,558 $191,489 $69,863 $121,626
2024 $2,558 $187,736 $68,494 $119,242
2023 $2,508 $184,055 $67,151 $116,904
2022 $2,434 $180,447 $65,835 $114,612
2021 $2,373 $176,910 $64,545 $112,365
2019 $2,431 $171,665 $62,632 $109,033
2018 $2,265 $168,300 $61,404 $106,896
2016 $1,070 $84,088 $32,974 $51,114
2015 $1,012 $82,826 $32,479 $50,347
2014 $1,039 $81,204 $31,843 $49,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24175572

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-200