$1,599,999
NEW CONSTRUCTION $100K PRICE DROP

Estimated payment $8,870/month

Total Views 3,187
3 Beds
3 Baths
2,560 Sq Ft
$625 Price per Sq Ft

Highlights

  • New Construction
  • Lawn
  • Crown Molding
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Living Room

About This Home

Introducing | 1056 Hoffman Ave, Long Beach
Four new finished units, great for multi-gen living — just turn-key cash flow in Alamitos Beach. This newly constructed quad features two 2-bed/2-bath units and two 1-bed/1-bath units, all delivered with the same designer-level finishes: grey shaker cabinets, black granite counters, stainless appliances, and LVP flooring throughout. Five detached parking spaces, separate meters, and proforma rents of $8,900–$9,900/month make this a rare plug-and-play opportunity in one of Long Beach's most in-demand rental corridors. 1031 exchange ready. Priced at $664/SF for brand new construction — bring your investors.

Listing Agent

Eric Padilla

Investment Experts Inc License #02169629 Listed on: 05/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 6,975 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn
  • Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 11 / B
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267009006
  • $393 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,800
  • Trash Expense $1,200
  • Water Sewer Expense $9,600
  • Operating Expense $9,600
  • Gross Income $101,400
  • Net Operating Income $91,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | New Construction

Lot Details

6,975 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 9600.00
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7267009006
  • Year Built: 2026
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Ceiling Fan(s), Pantry
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 625.00
  • Room Type: Primary Bedroom, Laundry, Living Room, Primary Bathroom

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Built-In Range, Refrigerator, Dishwasher
  • Heating Type: Central
  • Laundry Features: Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Front Yard, Lawn
  • Lot Size Sq Ft: 6975.00
  • Lot Size Acres: 0.1601

Multi Family

  • Gross Income: 101400.00
  • Gross Scheduled Income: 101400.00
  • Insurance Expense: 4800.00
  • Lot Size Area: 6975.0000 Square Feet
  • Net Operating Income: 91800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Expenses: 9600.00

Tax Info

  • Tax Block: B
  • Tax Lot: 11
  • Tax Tract Number: 5764.02
  • TaxOtherAnnualAssessmentAmount: 393.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,938 $200,528 $132,561 $67,967
2024 $2,828 $196,597 $129,962 $66,635
2023 $2,780 $192,743 $127,414 $65,329
2022 $2,618 $188,965 $124,916 $64,049
2021 $2,562 $185,261 $122,467 $62,794
2019 $2,526 $179,769 $118,836 $60,933
2018 $2,401 $176,245 $116,506 $59,739
2016 $2,212 $169,403 $111,983 $57,420
2015 $2,127 $166,859 $110,301 $56,558
2014 $2,120 $163,592 $108,141 $55,451
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2026 06/05/26 Price Changed $1,599,999 -5.9% $625 / Sq Ft
05/23/2026 05/23/26 For Sale $1,700,000 +240.0% $664 / Sq Ft
05/02/2025 05/02/25 Sold $500,000 0.0% $521 / Sq Ft View Prior Sale
02/17/2025 02/17/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $500,000 0.0% $521 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $500,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $549,000 Lawyers Title Company
Grant Deed $500,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company
Grant Deed $50,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $439,200 Construction
Previous Owner $45,100 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS26110533

California Regional Multiple Listing Service (CRMLS)

APN: 7267-009-006

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