Home | Los Angeles County | Long Beach | 90805 | 6641 Hammond Ave
MLS: CROC26101020 | Status: Active | Price: $1,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0 | 1959 |
6641 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. The adjacent 4-unit property at 6645 Hammond Avenue is also available, with each property offered at $1.25 million or both assets available together for $2.5 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. 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 offering is priced at an attractive 5.52% cap rate on current rents, with projected upside to a 6.77% 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 in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existin
| Field | Value |
|---|---|
| MLS # | CROC26101020 |
| MLS Source | California Regional MLS |
| Days on Site | 4 |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Christian Tait | Tyler Leeson |
| Marcus & Millichap RE Invest | Marcus & Millichap RE Invest |
| License #: 02111248 | License #: 01451551 |
| Phone: – | Phone: (949) 419-3326 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 9327 Faywood | $1,160,000 | – | – | – | Contingent |
| 7032 Somerset | $1,100,000 | – | – | – | Active |
| 5497 Orange Ave | $1,095,000 | – | – | – | |
| 6645 Hammond Ave | $1,250,000 | – | – | – | Active |
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This listing information is up-to-date as of May 09, 2026. For the most current information, please contact Christian Tait.