1073-1075 Hoffman Ave
- 3462 square feet of established multifamily living space
- Constructed in 1924 with enduring masonry craftsmanship
- Solid rental history supported by well-maintained interiors
- Traditional hardwood flooring throughout primary living areas
- Large windows deliver abundant natural light to each unit
- Compact footprint ideal for efficient property management
- Multiple entrances provide resident privacy and convenience
- Low-maintenance exterior envelope with classic architectural details
- Sturdy roofing and foundational systems supporting longevity
- Ready for value-add opportunities through unit upgrades
- Proven demand for historic-style residences in this fabric
Property Description
Charming 1924 multifamily offering at 1073-1075 Hoffman Avenue presents 3,462 square feet of classic residential architecture with updated finishes. Composed of thoughtfully maintained units, the building showcases enduring character while accommodating contemporary tenant expectations. Tenants benefit from ample natural light, traditional hardwood floors, and solid masonry construction that provides lasting value. Well-proportioned layouts allow for stable rental income and future upside through modest renovations. This investment presents a blend of historic charm and resilient building fundamentals, appealing to disciplined investors seeking a compact yet efficient multifamily asset in central Long Beach.
Broker Details
Lee & Associates Los Angeles - Long Beach, Inc. 310-408-4364
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,550,000 |
| No. of Units: | 5 |
| Average Occupancy: | 5.13 |
| Year Built: | 1924 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $310,000 |
| Property Website | Click Here |
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