6554 Hammond Ave, Long Beach, CA 90805
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6554 Hammond Ave Long Beach, CA 90805

$1,399,000
  • 8 Beds
  • 5 Baths
  • 4,016 Sq.Ft.
For Sale
$1,399,000 Get Pre-Qualified

Map preview of 6554 Hammond Ave, Long Beach, CA 90805

Property Overview: 6554 Hammond Ave Long Beach, CA has 8 bedrooms, 5 bathrooms, 4,016 living square feet and 5,068 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Good investment opportunity for a 4 unit complex. Property has a 3BR 2 BA downstairs unit that can be utilized as an owner's unit. Upstairs units are; two 2BR 1BA units and a 1BR 1BA unit. Each unit has assigned garage for parking and there is an additional garage for parking or a storage area (a total of 5 garages). Complex also has a coin operated laundry room for tenant use. Property is very well maintained and is located in a quiet area that is close to freeways and public transportation.

Listed by Aril Manning | BRE #00904085 | Imperial 7 Realty
Last checked: 5 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
5,068
HOA Dues
$0/mo
Year built
1983
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
SB24045598
City
Long Beach
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,299
  • Total Rent: $2,299
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,779
  • Total Rent: $1,779
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,942
  • Total Rent: $1,942
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,303
  • Total Rent: $1,303
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,780
  • Net Operating Income: $61,126
  • Gross Operating Income: --
  • Laundry Income: $960
Annual Expense Breakdown
  • Total Operating Expense: $26,654
  • Electric: $1,500
  • Gas/Fuel: $1,674
  • Licenses: $535
  • New Taxes: $17,268
  • Trash: $0
  • Gardener: $1,300
  • Insurance: $1,533
  • Maintenance: $0
  • Water/Sewer: $1,644

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Property Details for 6554 Hammond Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Living Room
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Average Condition, Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Side by Side
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 4
  • Parcel Number: 7120002047
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 32 Inch Or More Wide Doors, Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: NORTH OF 91 FREEWAY AND EAST OF PARAMOUNT
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
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Sale History for 6554 Hammond Ave

Last sold for $565,000 on August 9th, 2004
  • March, 2024

  • Mar 8, 2024

    Date

    Active

    CRMLS: SB24045598

    $1,439,000

    Price

  • August, 2004

  • Aug 9, 2004

    Date

    Sold (Public Records)

    Public Records

    $565,000

    Price

  • March, 1995

  • Mar 22, 1995

    Date

    Sold (Public Records)

    Public Records

    $191,500

    Price

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Tax History for 6554 Hammond Ave

Assessed Value (2020): $795,586
Year Land Value Improved Value Assessed Value
2020 $167,776 $627,810 $795,586

Home Value Compared to the Market

This property vs the competition

6554 Hammond Ave is listed 74.88% higher than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $348.36 per/sqft which puts the price per square foot 44.97% lower than the median price per square foot for the city of Long Beach.

About 6554 Hammond Ave

Detailed summary of property

6554 Hammond Ave is a apartment located in Long Beach, CA 90805 and is currently for sale. This apartment offers 8 bedrooms, 5 bathrooms, roughly 4,016 living square feet, and sits on an approximately 5,068 square foot lot. 6554 Hammond Ave was first listed on ArdentRealEstateGroup.com on March 8, 2024. The homeowner is currently asking $1,399,000 and was originally asking $1,439,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 74.88% higher than the median priced home. Local competing homes currently for sale include 1562 W 31st St, 1562 W 31st St and 11972 Walnut St. While the average home in Long Beach, CA is selling in 56 days, 6554 Hammond Ave has a days on market of 46 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 6554 Hammond Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 6554 Hammond Ave

Public county record property details
Beds
7
Baths
5
Year built
1983
Sq. Ft.
4,016
Lot Size
5,067
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7120-002-047

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$690,000
Median List Price/Sq.Ft.
$518
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
63
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.