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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1133 Hoffman Avenue Long Beach, CA 90813
$2,875,000 0 beds, 0 baths
0 sqft
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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
List price is $2,875,000
Beds: 0
Baths: 0
Built in 1923
1 story
0.15 acres
Lot size: 0.1510
Subdivision: Downtown (DT)
County: Los Angeles
Property style: Cottage
Zoning: LBR2N
Construction: Drywall,Stucco
Interior features: Ceiling Fan(s),Recessed Lighting
Appliances: Double Oven,Electric Oven,Refrigerator
Lot description: ElevenToFifteenUnitsAcre
Heating/cooling: Electric
Heating description: Wall Furnace
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 4/23/2025

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This listing belongs to the 4 - Downtown Area, Alamitos Beach MLS area

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The style of this listing is Cottage.
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Lat/Long: 33.781472, -118.173912.
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Listing Agent: Justin White
Lic#: 01276603
Office Name: Tustin

Area Map

Nearby Schools

No schools were found in the area

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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