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1073 1075 Hoffman — photo 1
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Units

4

Building Size

3,462 sf

Lot Size

6,959 sf

Status

Active

Listing Agent: Tom Torabi, Lee & Associates Commercial Real Estate Services Inc - South Bay

Long Beach

1073 1075 Hoffman

About This Property

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.

Unit Mix

  • 1 unit · 2bd / 1ba
  • 1 unit · 3bd / 2ba
  • 1 unit · 4bd / 2ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Asking Price

$1,425,000

Est. Monthly Payment

$9,106/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Tom Torabi

Lee & Associates Commercial Real Estate Services Inc - South Bay