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$2,875,000
6 Days On Site

1133 Hoffman Avenue
Long Beach, CA 90813

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
3,926
SqFt
$732
/SqFt
1923
Built
Subdivision:
Downtown (DT)
County:
Los Angeles
Listed by Justin White of Justin White [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1133 Hoffman Avenue1133 Hoffman Avenue1133 Hoffman Avenue1133 Hoffman Avenue
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This 12-unit multifamily property, located in the highly sought-after 90814 zip code of Long Beach, presents a rare opportunity to acquire a fully renovated, turnkey investment in a thriving rental market. Built in 1923, the property was thoughtfully upgraded in 2023 with new flooring, paint, and appliances—ensuring a contemporary living experience while preserving its classic architectural charm. The unit mix consists of one-bedroom, one-bath units, catering to the strong demand from the area’s blue-collar workforce. With historically high occupancy rates and consistent rental growth in Long Beach, this property provides immediate cash flow with potential for further rent optimization. The building offers operational efficiencies and economies of scale for investors. This offering represents an excellent opportunity to acquire stabilized assets in a dynamic and growing market—ideal for a seasoned investor or a first-time buyer looking to expand their portfolio.

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Listing Snapshot
Price 
$2,875,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,926 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.151 Acres
Year Built 
1923
MLS® Number 
PW25088733
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing first seen on site
7 days agoListing updated with changes from the MLS®
General Features
Acres 
0.151
Foundation 
Raised
Number Of Stories 
2
Property Sub Type 
Mixed Use
Security 
Carbon Monoxide Detector(s)Key Card Entry
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3926
Stories 
One
Style 
Cottage
Utilities 
Cable AvailablePhone AvailableSewer Connected
Water Source 
Public
Zoning 
LBR2N
Interior Features
Appliances 
Double OvenElectric OvenRefrigerator
Cooling 
Electric
Flooring 
Wood
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)Recessed Lighting
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Stucco
Pool Features 
None
Road Frontage 
City Street
Roof 
Flat
Community Features
Building Access 
1
Community Features 
CurbsStreet Lights
Financing Terms Available 
1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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