1056 Hoffman

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1056 Hoffman

Long Beach, CA 90813
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit apartment building available for purchase in Long Beach
  • Residential income asset situated in the 90813 zip code
  • Located within a high-demand Southern California rental market
  • Ideal configuration for efficient multi-family property management
  • Proximity to major regional employment centers and the port

What's Special

Investors seeking to expand their residential holdings in Long Beach will find this four-unit apartment building a practical addition to an income-generating portfolio. The property functions as a multi-family asset, providing stable housing options within a well-established coastal California market. The city of Long Beach maintains a dense, urban environment characterized by a strong demand for rental housing due to its proximity to major employment hubs, the Port of Long Beach, and the nearby Los Angeles metropolitan region. Strategically positioned within the 90813 zip code, this building sits in a central location that attracts a diverse tenant base. Given the current multi-family landscape, properties of this scale offer efficient management opportunities for both private investors and experienced operators. Future ownership can leverage the property's layout to maximize occupancy and stabilize long-term cash flow in a neighborhood that remains a staple of the Southern California rental market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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