1133 Hoffman Avenue, Long Beach, CA 90813

$2,875,000 Approx. USD 0 beds, 0 baths

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Agent Remarks

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.

Listing Details

Property type: Mixed Use (Multi-Family)

Status: Active

MLS# PW25088733

Price: $2,875,000

Beds: 0

Baths: 0

Built in 1923

1 story

0.15 acres

Lot size: 0.1510

Subdivision: Downtown (DT)