6645 Hammond Avenue, Long Beach, CA 90805

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
6645 Hammond Avenue,Long Beach, CA 90805
$1,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: christian tait, tyler leeson
Office: marcus & millichap re invest949-419-3200
MLS#:OC26101046
Source:CRMLS

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Price summary

  • Price:$1,200,000

About this home

6645 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6641 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.76% cap rate on current rents, with projected upside to a 7.01% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include...

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Home facts

  • Year built:1959
  • Subdivision & Development:North Long Beach (NLB)
  • Listing ID #:OC26101046
  • Added:121 day(s) ago
  • Updated:September 07, 2026 at 06:54 AM

Structure and exterior

  • Year built:1959
  • Lot Features:Street Level
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000

Parking

  • Total parking spaces:5
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