90805 Homes with Quadruplex Subtype

90805 Homes with Quadruplex Subtype

Welcome to the vibrant community of Long Beach, California, nestled in the heart of Los Angeles County, where the zip code 90805 offers a unique blend of urban convenience and suburban charm. Known for its diverse neighborhoods and rich cultural tapestry, Long Beach is a city that embraces both the coastal lifestyle and the hustle and bustle of city living.

In the 90805 area, homebuyers will find an exciting array of real estate options, particularly the increasingly popular quadruplex properties. These unique homes, designed to accommodate four separate living units, are perfect for investors looking to maximize rental income or for multi-generational families seeking to live together while maintaining their privacy. Quadruplexes in Long Beach not only provide a lucrative investment opportunity but also offer flexibility and community, allowing residents to enjoy the benefits of close proximity to one another.

The 90805 zip code boasts easy access to major highways, public transportation, and an abundance of local amenities, including parks, shopping centers, and dining options that cater to every taste. With its sunny California weather and proximity to beautiful beaches, this area is ideal for those who appreciate an active outdoor lifestyle.

Whether you’re looking to invest or find your dream home, the quadruplex properties in Long Beach’s 90805 zip code present an exceptional opportunity. Embrace the charm of this dynamic community and discover the potential that awaits in your next real estate venture!

Newest 90805 Homes with Quadruplex Subtype

$1,225,000
OC26101020 MLS Active Under Contract Status
6641 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6645 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.66% cap rate on current rents, with projected upside to a 6.93% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existing income upside, the rear parking area may offer ground-up Accessory Dwelling Unit (ADU) development potential. A new owner may be able to explore the addition of one or more accessory dwelling units to increase rentable square footage and long-term income, subject to Long Beach requirements, site constraints, parking considerations, and approval from the appropriate municipal authorities. 6641 Hammond Avenue benefits from a central Long Beach location with convenient access to surrounding employment centers, retail corridors, and neighboring cities including Paramount and Bellflower. Residents are just 0.60 miles from a Target and Food 4 Less anchored retail center along Cherry Avenue, providing convenient access to everyday shopping and essential services. The property is also located approximately 2.5 miles from Lakewood Center, one of the area’s major shopping destinations and employment hubs, offering a wide range of retail, dining, and service-oriented amenities. Overall, 6641 Hammond Avenue represents an attractive Long Beach multifamily opportunity with strong in-place returns, market-rent upside, unmonetized parking income potential, and possible ADU upside.

6641 Hammond Avenue, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.