S
Seller's Agent in 2021
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
82 Total Sales
6641 Hammond Ave Long Beach, CA 90805
Mc Kinley NeighborhoodEstimated Value: $1,019,000 - $1,295,000
2
Beds
1
Bath
6,000
Sq Ft
$199/Sq Ft
Est. Value
About This Home
As of March 20216641-6645 Hammond Avenue consists of two fourplexes on two contiguous fourplexes in Long Beach, California. This offering presents a great opportunity for an investor to acquire a competitively priced, renovated property with a strong current return and capture 25 percent potential rental upside.
6641-6645 North Hammond Avenue comprises two two-story, 1959 construction fourplexes with all two-bedroom/one-bath units that average 750 square feet. Each unit features laundry hookups and is separately metered for gas and electricity. The property also offers eight dedicated surface parking spaces for tenants plus two guest parking spaces. Recent upgrades to to the property include a newer roof and interior renovations of six of the units.
The property is located just south of the 91 Freeway and north of Artesia Boulevard between Paramount Boulevard and Obispo Avenue in a dense rental area: 75 percent of housing units with one mile are renter-occupied. Tenants enjoy convenient freeway access and a short five-minute drive to a Target.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 01/11/2021
Last Buyer's Agent
Steven M. Bogoyevac, Broker License #01332755 Listed on: 01/11/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 10,565 Sq Ft Lot
- No Common Walls
- 7120-015-056
Interior Spaces
- 6,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 182
- Tax Tract Number 7420
- Assessor Parcel Number 7120015055
Community Details
Overview
- 2 Buildings
- 8 Units
- North Long Beach Subdivision
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Operating Expense $46,057
- Net Operating Income $90,294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2011
Sold by
Newman Dan and Newman Emanuel
Bought by
La Reo Buyers Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$255,804
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$936,529
Purchase Details
Closed on
Oct 14, 2011
Sold by
Cavatalo John J and Estate Of Harold B Hermann
Bought by
Newman Dan and Newman Emanuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$255,804
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$936,529
Purchase Details
Closed on
Sep 26, 2011
Sold by
Newman Alisa
Bought by
Newman Emanuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$255,804
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$936,529
Purchase Details
Closed on
Jun 25, 2009
Sold by
Nwankwo Joseph and Nwankwo Carmen I
Bought by
Hermann Harold Bryan
Purchase Details
Closed on
Oct 10, 2007
Sold by
Nwankwo Joseph Abiola and Nwankwo Carmen Isabella
Bought by
Nwankwo Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2007
Sold by
Nwankwo Carmen Isabella
Bought by
Nwankwo Joseph Abiola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2001
Sold by
Nwankwo Joseph
Bought by
Nwankwo Carmen Isabella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.98%
Purchase Details
Closed on
Feb 21, 2001
Sold by
Baldwin Crenshaw Economic Development Co
Bought by
Nwankwo Carmen Isabella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.98%
Purchase Details
Closed on
Jan 17, 2001
Sold by
Hud
Bought by
Baldwin Crenshaw Economic Development Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.98%
Purchase Details
Closed on
Oct 24, 2000
Sold by
Fleet Mtg Corp
Bought by
Hud
Purchase Details
Closed on
Aug 30, 2000
Sold by
Hidalgo Vicente and Herrera Adam T
Bought by
Fleet Mtg Corp
Purchase Details
Closed on
Aug 20, 1999
Sold by
Martinez Jose
Bought by
Hidalgo Vicente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,956
Interest Rate
7.47%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 30, 1999
Sold by
A R Company
Bought by
Martinez Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,956
Interest Rate
7.47%
Mortgage Type
FHA
Purchase Details
Closed on
May 20, 1999
Sold by
Greene Norman
Bought by
Greene Roberta Jan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.4%
Purchase Details
Closed on
Apr 16, 1999
Sold by
T H F Capital Corp
Bought by
A R Company and D R Associates
Purchase Details
Closed on
Sep 21, 1995
Sold by
American Svgs Bank Fa
Bought by
Thf Capital Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.92%
Purchase Details
Closed on
May 20, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| La Reo Buyers Llc | -- | None Available | |
| Newman Dan | $415,000 | Lawyers Title | |
| Newman Emanuel | -- | Lawyers Title | |
| Newman Dan | -- | Lawyers Title | |
| Hermann Harold Bryan | -- | None Available | |
| Nwankwo Joseph | -- | Orange Coast Title | |
| Nwankwo Joseph Abiola | -- | Investors Title Company | |
| Nwankwo Carmen Isabella | -- | -- | |
| Nwankwo Carmen Isabella | $188,000 | -- | |
| Baldwin Crenshaw Economic Development Co | $203,500 | -- | |
| Hud | $262,283 | -- | |
| Fleet Mtg Corp | $262,283 | -- | |
| Hidalgo Vicente | $250,000 | Benefit Land Title Company | |
| Martinez Jose | $170,000 | Fidelity National Title | |
| Greene Roberta Jan | -- | -- | |
| A R Company | $32,075 | -- | |
| Thf Capital Corp | $225,000 | Investors Title Company | |
| American Svgs Bank Fa | $160,099 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newman Dan | $311,250 | |
| Previous Owner | Nwankwo Joseph Abiola | $112,000 | |
| Previous Owner | Nwankwo Carmen Isabella | $182,000 | |
| Previous Owner | Hidalgo Vicente | $247,956 | |
| Previous Owner | Martinez Jose | $170,000 | |
| Previous Owner | Thf Capital Corp | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $1,850,000 | 0.0% | $308 / Sq Ft |
| 01/22/2021 01/22/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $1,850,000 | -- | $308 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,640 | $1,001,247 | $351,789 | $649,458 |
| 2024 | $13,045 | $981,616 | $344,892 | $636,724 |
| 2023 | $12,824 | $962,370 | $338,130 | $624,240 |
| 2022 | $12,043 | $943,500 | $331,500 | $612,000 |
| 2021 | $6,516 | $481,559 | $232,077 | $249,482 |
| 2020 | $6,498 | $476,622 | $229,698 | $246,924 |
| 2019 | $6,423 | $467,278 | $225,195 | $242,083 |
| 2018 | $6,183 | $458,117 | $220,780 | $237,337 |
| 2016 | $5,684 | $440,329 | $212,207 | $228,122 |
| 2015 | $5,465 | $433,716 | $209,020 | $224,696 |
| 2014 | $5,445 | $425,221 | $204,926 | $220,295 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21006321
APN: 7120-015-055
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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