1073-1075 Hoffman Ave. presents a fabulous OWNER/USER and/or INVESTMENT opportunity in a great Long Beach rental market. The property consists of a large freestanding single-family home with a 2nd building in the back housing 4 apartment units. The property is legally 4 units, however there is a 5th 2 bedroom/1 bath unit in the back building that is legal but non-conforming; this was a storage unit prior to it being converted unit an apartment unit. The building is in great shape with new windows, newer roofs, extensively upgraded plumbing, and a concrete driveway. The net rentable square footage of the 5 units is approximately 3,462 square feet and the property sits on a 6,959 square foot lot.
| MLS # | SB26154402 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 55 |
| Listing Provided By | Lee & Associates Commercial Real Estate Services Inc - South Bay | Tom Torabi |
| SQ Feet | 3,462 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.16 |
| Lot Features | Two To Five Units Acre |
|---|
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90813) | |
Price: $1,550,000 low | high Med: $875,000 sqft: 3,462 low | high Med: 1,754 $ / sqft: $448 low | high Med: $499 On site: 55 low | high Med: 162 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90813) | |
Price: $1,550,000 low | high Med: $875,000 sqft: 3,462 low | high Med: 1,754 $ / sqft: $448 low | high Med: $499 On site: 55 low | high Med: 162 | |
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