1056 Hoffman, Long Beach, California 90813, Long Beach, 90813 - 0 bed, 0 bath
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Long Beach, California 90813
This newly constructed 2026 quadruplex represents a High-Potential Investment Opportunity, listed at $1,700,000. While priced above the $1,588,754 Fair Market Value, the asset offers a Brand New Construction status with a Condition Rating of 2, ensuring zero deferred maintenance. Featuring designer-level finishes, separate meters, and five detached parking spaces, this property is optimized for high-yield rental income in Alamitos Beach. With its turn-key nature and strong projected cash flow, this is a premier acquisition for Buy-and-Hold Investors or Multi-Generational Families seeking a stable, modern income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Hoffman Subject | $1,700,000* List Price | 0 | 0 | 2,560 | $621 | - |
A 943 N Washington Place 4 Active | $1,500,000 List Price | 0 | 0 | 2,889 | $519 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction with zero deferred maintenance. Features modern designer finishes including grey shaker cabinets, stone counters, stainless steel appliances, and LVP flooring. All systems, including HVAC and electrical, are new and high-efficiency.
As a 2026 build, this property offers zero deferred maintenance and modern designer finishes, providing a turn-key investment with significant tax depreciation benefits and lower long-term carry costs.
With projected gross rents reaching up to $8,900 per month and separate utility meters, this quadruplex is positioned for high yield in one of Long Beach's most in-demand rental corridors.
The inclusion of five detached parking spaces is a rare and highly valuable asset in the high-density Alamitos Beach area, significantly increasing tenant desirability and retention.
Priced at $664 per square foot, the property commands a significant premium over existing multi-family inventory in the 90813 zip code, which may impact immediate cash-on-cash returns for some investors.
Despite its proximity to the coast, the property offers no views, which may limit its appeal to premium owner-occupiers compared to other nearby residential income opportunities.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,560 | 2,552 | 50% |
| Lot Size | 6,975 | 5,890.5 | 73% |
| Price | $1.70M | $977.5K | 95% |
| Price per sq ft | $664 | $381 | 91% |
| Built year | 2026 | 1922 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 182 | 5% |
May 23, 2026
$1,700,000
Initial Listing
May 7, 2025
$549,000
Public Record
May 2, 2025
$500,000
Public Record
Feb 23, 1994
$50,000
Public Record