Address
6641 Hammond Avenue Long Beach, CA
Price
$ 1,850,000
Property Attributes
  • MLS#PW21006321
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaNorth Long Beach
  • NeighborhoodNorth Long Beach
  • Zip90805
  • Style
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size10,563 SqFt
Listing Provided Courtesy Of:
Steven Bogoyevac with Steven M. Bogoyevac, Broker.
Property Description

6641-6645 Hammond Avenue consists of two fourplexes on two contiguous fourplexes in Long Beach, California. This offering presents a great opportunity for an investor to acquire a competitively priced, renovated property with a strong current return and capture 25 percent potential rental upside. 6641-6645 North Hammond Avenue comprises two two-story, 1959 construction fourplexes with all two-bedroom/one-bath units that average 750 square feet. Each unit features laundry hookups and is separately metered for gas and electricity. The property also offers eight dedicated surface parking spaces for tenants plus two guest parking spaces. Recent upgrades to to the property include a newer roof and interior renovations of six of the units. The property is located just south of the 91 Freeway and north of Artesia Boulevard between Paramount Boulevard and Obispo Avenue in a dense rental area: 75 percent of housing units with one mile are renter-occupied. Tenants enjoy convenient freeway access and a short five-minute drive to a Target.

Price History
1/12/2021 Listed $1,850,000

General Features

Attached Structure Detached
Community Features Suburban
Directions North of Artesia between Paramount and Obispo
Garage Spaces 0.00
Levels Two
Listagentaor Pacific West
Listing Agent Steven Bogoyevac - BRE#01332755
Listing Agent State License 01332755
MLS Area 7 - North Long Beach
Pool Features None
Price Per Square Foot 308.33
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name North Long Beach (NLB)
Subdivision Name North Long Beach (NLB)
Total Units 8
Zoning LBR4N

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Electric Dryer Hookup, Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 6000.00
Lot Features Lot 10000-19999 Sqft
Lot Size Acres 0.2425
Lot Size Area 10565.0000
Lot Size Source Assessor
Lot Size Square Feet 10565.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 8
Number of Separate Gas Meters 8
Total Parking 10.00
Uncovered Spaces 10.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90805

Price
AVG $1.28M
$1.85M
Visits
AVG 59
18
Year Built
AVG 1959
1959

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