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$1,349,000   Price Analysis
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6554 Hammond Ave
Long Beach, CA 90805
8 bed 5 bath 4,016 SqFt ($335/SqFt)
5,068SqFt lot. Built 1983
Listed 2024-03-08, Taxes $10,639
Ⓧ USDA Ineligible
due to price & location

near Long Beach

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 hs 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 well maintained and is located in a quiet area that is close to freeways and public transportation.


Presented by Aril Manning at
Imperial 7 Realty.


Property MLS #SB24045598 from CRMLS

Bedrooms: 8

Kitchen, Living Room

Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup

Full Bathrooms: 5

Heating Features: Wall Furnace
Heating: Yes

Flooring: Carpet, Laminate

Fencing: Fence YN: Yes, Fencing: Average Condition, Chain Link

Lot Description: 2-5 Units/Acre, Front Yard, Garden, Near Public Transit
Lot Size Acres: 0.1163453
Lot Size Source: Assessor
Lot Size Square Feet: 5068

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Side by Side
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1300.00

Tenant Pays: Cable TV, Electricity, Gas

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1533.00
Area: 7 - North Long Beach
Source Neighborhood: North Long Beach (NLB)
New Taxes Expense: 17268.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 7120002047
Pest Control Expense: 1200.00
Postal Code Plus 4: 7240
Subdivision: North Long Beach (NLB)
Zoning: LBR2N
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$647,000 + $172,904
$819,904
$10,639
2021$634,314 + $169,514
$803,828
$10,411
2020$627,810 + $167,776
$795,586
$10,383
2019$615,500 + $164,487
$779,987
$10,263
2018$603,432 + $161,262
$764,694
$9,940
2017$591,600 + $158,100
$749,700
$9,836
2016$393,502 + $181,218
$574,720
$7,279
2015$487,117 + $324,742
$811,859
$9,760
2014$477,576 + $318,381
$795,957
$11,128
2013$475,418 + $316,943
$792,361
$9,404
2012$466,097 + $310,729
$776,826
$9,559
2010$456,958 + $304,637
$761,595
$9,067
2009$454,621 + $303,080
$757,701
$9,021
2009$453,543 + $302,361
$755,904
$9,021
2008$445,707 + $297,138
$742,845
$8,407
2007$436,968 + $291,312
$728,280
$8,194

Price Changed 2024-06-05
$1,349,000
CRMLS
Price Changed 2024-04-19
$1,399,000
CRMLS
Listed 2024-03-08
$1,439,000
CRMLS
Listing removed 2015-03-10
$689,000
CRMLS
Relisted 2015-01-16
$689,000
CRMLS
Listing removed 2014-12-23
$689,000
CRMLS
Relisted 2014-11-13
$689,000
CRMLS
Listing removed 2014-09-30
$689,000
CRMLS
Listed 2014-08-20
$689,000
CRMLS
Sold 2004-08-09
$565,000
Public Record
Sold 1995-03-22
$191,500
Public Record
Sold 1987-03-20
$242,500
Public Record
Sold 1982-06-01
$28,000
Public Record

Net Operating Income: 61126.00

Total Square Feet Living: 4016
Year Built: 1983
Building Features: 1
Common Walls: 1 Common Wall, End Unit
Entry Level: 1
Entry Location: front
Property Age: 41
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records

Electric: Electricity - On Property, Standard
Electric Expense: 1500.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1644.00
Cable Connected
Natural Gas Connected
Sewer Available
Sewer Connected
Water Available
Water Source: Public

32 Inch Or More Wide Doors
Parking

McKinley Elementary School is a public elementary school located approximately 0.4 miles away.
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Hamilton Middle School is a public middle school located approximately 1.4 miles away.
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Jordan High School is a public high school located approximately 1.7 miles away.
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Giant Steps Children's Center is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.