M
Seller's Agent in 2020
Marilee Haley
Power Brokers International
(310) 429-8620
6 Total Sales
1080 Hoffman Ave Long Beach, CA 90813
Hellman Neighborhood
9
Beds
9
Baths
5,784
Sq Ft
6,970
Sq Ft Lot
Highlights
- Bathtub with Shower
- Ceiling Fan
- 5-minute walk to Douglas Macarthur Park
- Long Beach Polytechnic High School Rated A
About This Home
As of April 2020Priced to sell! 9 Unit, 100% occupied, turnkey, gated apartment building, with Instant Passive Income! Located in a growing, progressive area of Long Beach, 10 blocks from the ocean, walking distance to restaurants, coffee shops, libraries, schools and parks. Current cap rate is 5.5%, annual rent increases 5%, plus the cost of living percentage or 10%, whichever is lower. Park your money here and enjoy! All large 1 bdrm, 1 bath units, all new copper plumbing (15 year warranty), new water heater, (5 year warranty), all new electric panels and breakers, separately metered for gas and electric, new paint, gutters, tile and laminate flooring throughout. Mos. current rental income $12,397.50 + 6 parking (3 spaces & 3 garages), is $450 per month, and/or storage, for a total monthly income of $12,847.50, with on site laundry room (currently not in use), for extra income. Minutes away from major freeways for quick access to Los Angeles and Orange County.
Last Agent to Sell the Property
Power Brokers International License #01721710 Listed on: 09/09/2019
Last Buyer's Agent
Anthony Walker
License #01908153
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 6,977
Parking
- 3 Car Garage
- 3 Carport Spaces
Interior Spaces
- 5,784 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Gas Cooktop
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
- Bathtub with Shower
Additional Features
- 6,977 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 9 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 7267-009-003
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2020 04/16/20 | Sold | $2,048,000 | 0.0% | $354 / Sq Ft |
| 02/12/2020 02/12/20 | Pending | -- | -- | -- |
| 01/29/2020 01/29/20 | Price Changed | $2,048,000 | 0.0% | $354 / Sq Ft |
| 01/29/2020 01/29/20 | For Sale | $2,048,000 | 0.0% | $354 / Sq Ft |
| 10/15/2019 10/15/19 | Off Market | $2,048,000 | -- | -- |
| 09/09/2019 09/09/19 | For Sale | $2,000,000 | -- | $346 / Sq Ft |
Source: The MLS
Tax History
| 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 | $28,972 | $2,239,781 | $1,454,547 | $785,234 |
| 2024 | $28,972 | $2,195,865 | $1,426,027 | $769,838 |
| 2023 | $28,477 | $2,152,810 | $1,398,066 | $754,744 |
| 2022 | $26,732 | $2,110,599 | $1,370,653 | $739,946 |
| 2021 | $26,190 | $2,069,216 | $1,343,778 | $725,438 |
| 2020 | $15,719 | $1,183,155 | $824,201 | $358,954 |
| 2019 | $15,535 | $1,159,992 | $808,041 | $351,951 |
| 2018 | $15,075 | $1,137,284 | $792,198 | $345,086 |
| 2016 | $13,869 | $1,091,393 | $761,437 | $329,956 |
| 2015 | $8,437 | $640,380 | $450,828 | $189,552 |
| 2014 | $8,423 | $627,836 | $441,997 | $185,839 |
Source: Public Records
Agents Affiliated with this Home
-
Marilee Haley
-
A
Buyer's Agent in 2020
Anthony Walker
Map
Source: The MLS
MLS Number: 19-509100
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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