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6641-6645 Hammond Avenue, Long Beach, CA

List Price: $1,850,000

Units: 8

Price Per Unit: $231,250

Price Per SF: $308

Cap Rate: 4.88%

Listing Agent: Steve "Bogie" Bogoyevac

JUST LISTED: 8 UNITS ON 2 PARCELS IN LONG BEACH

January 11, 2021

Just listed for $1,850,000! 6641-6645 Hammond Avenue in Long Beach comprises two renovated fourplexes on two contiguous parcels and offers a strong 10.16% return on current rents and 25% potential rental upside. The property consists of eight two-bedroom/one-bath units with laundry hookups and 10 surface parking spaces. Recent upgrades to the property include a newer roof and interior renovations of six of the units. For more information, please contact Steve "Bogie" Bogoyevac at Steve.Bogoyevac@MarcusMillichap.com.

Los Angels Real Estate Borkers - The Bogie Group
880 Apollo Street, Suite 101, El Segundo, CA 90245
requests@bigrea.com
(424) 301-3800
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