$1,225,000
-$25,0006641 Hammond Avenue, Long Beach CA 90805
Multi-Family (Fourplex)
Property type
28 days
On market
$408
Price per sqft
0 cars
Garage
1959
Year built
5,227 sqft
Lot size
Open Houses
Overview
6641 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 6645 Hammond Avenue is also available, with each property offered at...
Listing provided by: Christian Tait DRE #02111248, Marcus & Millichap RE Invest, Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: Jun 2, 2026 at 05:33pm.
Last checked: Jun 2, 2026 at 06:00pm
Source: CRMLS #OC26101020
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 1 | — | $8,461 | $8,461 | $9,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
12.1x
List Price / Annual Gross Rent
Cap Rate
5.66%
NOI / List Price
Gross Scheduled Income: $101,532
Vacancy Allowance: $3,046
Vacancy Allowance Rate: 3%
Operating Expense: $29,148
Net Operating Income: $69,338
Annual Operating Expenses
Electric: $617
Fuel: $617
Insurance: $4,000
Maintenance: $3,400
New Taxes: $15,546
Trash: $617
Water / Sewer: $618
Interior
Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7120015055
Additional Parcels: No
Tax Lot: 182
Subdivision: North Long Beach (NLB)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 6641 Hammond Avenue, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$980,000
Total Interest
$1,249,936
Total Payment
$2,229,936
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,620
per month
Property History for 6641 Hammond Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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