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6645 Hammond Ave
Long Beach, CA 90805 Bixby Knolls

$1,250,000 USD

Apartments For Sale  •  3,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,000 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 5.62 %
  • Zoning LBR4N
30 Transit Score
50 Walk Score

Highlights

Desirable unit mix comprised entirely of spacious 2 bed/1 bath units with in-unit laundry hookups and individual water heaters.
Well-maintained 1959 construction featuring drought-resistant landscaping and approximately 3,000 rentable square feet.
Five surface parking spaces currently not separately monetized, providing potential additional income upside for new ownership.
Rear parking area may offer ground-up ADU development potential, subject to city requirements and approval by authorities.
Located near Target, Food 4 Less, Lakewood Center, and major retail corridors with easy access to SR-91 and surrounding cities.
Adjacent 4-unit property at 6641 Hammond Avenue also available, creating an opportunity for an 8-unit contiguous assemblage.

Financial Summary (Actual)

Net Operating Income: $70,205 USD (2026)
Cap Rate: 5.62 %
Total Expenses: $28,549 USD

Amenities

  • Washer/Dryer Hookup
  • Gated

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 8.8 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 5.1 mi
Los Angeles International 27 min - 19.1 mi
John Wayne/Orange County 34 min - 26.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap