1148 Hoffman Avenue

    Long Beach, CA 90813
    • $1,050,000
    • STATUS: Active
    • ON SITE: 164 days
    • ID#: SB18050379
    UPDATED: 40 min ago
    $1,050,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,996
      SQFT
    • $350
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Great Long Beach investment property just minutes to downtown area. 4 free standing buildings (no common walls) with 4 single private enclosed garages on a street to alley lot . Also it has an additional storage garage which could generate additional income too. Gated entry with a central courtyard. Units are individually metered. Lots of restoration being done in the area. County records show the separate units being built in 1922, 1922, 1923, & 1980. Buyer to verify. All rents are real and taken from property managers report!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T20:33:16.28. 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. 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, 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.
    www.playavistaliving.com/homes/81267200

    1148 Hoffman Avenue Long Beach, CA 90813

    • Price: $1,050,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: SB18050379
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,996
    SQFT
    $350
    $/SQFT
    1980
    Built
    Neighborhood:
    Poly High (Ph)
    County:
    Los Angeles
    Area:
    9 - Poly High
    Property Description
    Great Long Beach investment property just minutes to downtown area. 4 free standing buildings (no common walls) with 4 single private enclosed garages on a street to alley lot . Also it has an additional storage garage which could generate additional income too. Gated entry with a central courtyard. Units are individually metered. Lots of restoration being done in the area. County records show the separate units being built in 1922, 1922, 1923, & 1980. Buyer to verify. All rents are real and taken from property managers report!
    Exterior Features

    Garage Spaces 5.00 Lot Features Level With StreetLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community Levels Multi/Split

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 477.00 Gross Multiplier 14.90 Gross Scheduled Income 72000.00 Insurance Expense 1200.00 Land Lease YN No Laundry Income 477.00 Laundry YN Yes Net Operating Income 55259.00 New Taxes Expense 13438.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 16741.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Poly High (Ph) Total Actual Rent 6000.00 Total Expenses 16741.00 Trash Expense 0.00 Water Sewer Expense 1970.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Ronald Werner of Vista Sotheby+Ógé¼gäós Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T20:33:16.28. 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. 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, 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.
     
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