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1148 Hoffman Avenue

1148 Hoffman Avenue, Long Beach, CA 90813
Multifamily in Central Long Beach
Sold Oct 23, 2020
$1,275,000
$1,020,000 by Right Choice Mortgage Inc
Mortgage Due Nov 01, 2050
Sold Apr 11, 2019
$975,000
$700,000 by First Centennial Mortgage Corp
Mortgage Due May 01, 2049
1148 Hoffman Avenue in Long Beach, CA was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 11 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1148 Hoffman Avenue has 2,996 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,254 square feet.

Learn more about the property and building on this page. The home has a flat style roof. For those who need parking, there is a garage. The garage is 900 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1148 Hoffman Avenue sold most recently in Sep 11, 2020 for a total of $1,275,000. If you work out the math, that's approximately a cost of $425.57 per sqft. Before that, the property was also sold for $975,000 in Apr 5, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,439 in taxes each year. 1148 Hoffman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,326,510. If we break it down further, the land itself was valued at $863,532. Improvements to the property, however, were assessed at a total of $462,978. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 4
  • Bedroom Count: 11
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 900
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,254
  • Total Building Area: 2,996
  • Gross Building Area: 2,816
  • Building Area: 2,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 2,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4496
  • Land Acres: 0.144
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 4496 LOT/SEC 18

Ownership

  • Current Owner : FRONTIERA CHAD
  • Current Owner 2: FRONTIERA SARAH
  • Previous Owner : FORD MICHAEL
  • Previous Owner 2: MCBRIDE KEITH
  • Owner Before Previous Owner: SICILIANO EUGENE L
  • Owner Before Previous Owner 2: MARCUS STEPHEN H
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576402

Zoning

  • Zoning: LBR2N

Geography

  • Assessors Map Reference: 75-E4
  • Subdivision Tract Number: 4496
  • Parcel: 7267-001-027
  • Lot: 18
  • Municipality: SOUTH /DOWNTOWN
  • Latitude: 33.7817
  • Longitude: -118.173

    Address

  • Full Address: 1148 Hoffman Ave
  • Address - House Number: 1148
  • Address - Street Name: Hoffman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C025
  • 4-Digit Zip Code: 3720
  • Zip Code: 90813

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,439
  • Tax Rate Code Area: 11-933

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,272,753
  • High Value: 1,571,356
  • Low Value: 974,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,020,000
  • First Open Lien Mortgage Lender: RIGHT CHOICE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $1,020,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,326,510
  • Assessed Land Value: $863,532
  • Assessed Improvements Value: $462,978

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11793419753
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1325804
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Apr 05, 2019
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RIGHT CHOICE MORTGAGE INC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $1,020,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 11, 2019
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 1148 Hoffman Avenue located in?
The 1148 Hoffman Avenue is a multifamily located in the neighborhood of Central Long Beach in Central Long Beach, Long Beach.
What is the average sales price for listings in 1148 Hoffman Avenue?
The average sales price for units in 1148 Hoffman Avenue is $0 currently.

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