Description
INVESTMENT OPPORTUNITY IN LOS ANGELES. 549 Hoefner offers investors a compelling combination of existing rental income, a desirable unit mix, gated parking, and future value potential. This triplex features three separate residential units, including a two bedroom, one bathroom front unit, a one bedroom, one bathroom middle unit separated by a garage, and a detached two bedroom, one bathroom rear unit that has been recently remodeled and upgraded. Two units are currently tenant occupied with tenants who are current, in good standing, and interested in remaining at the property, providing an incoming investor with established rental income from day one. The recently remodeled rear unit offers additional flexibility and an opportunity to maximize the property's overall income potential. Adding to the property's appeal are two gated parking spaces, an increasingly valuable feature for Los Angeles tenants. For investors looking beyond today's income, the combination of three units, existing tenancy, a remodeled detached unit, parking, and potential for future rent growth or property improvements makes 549 Hoefner an opportunity worth exploring. Whether the strategy is buy and hold, income optimization, or long term appreciation, this property provides multiple avenues for an investor to unlock additional value. Buyer to independently verify unit information, rents, expenses, permits, zoning, and any development or income opportunities with the appropriate authorities.
Details
| MLS # | OC26197298 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 46 |
| Listing Provided By | T.N.G. Real Estate Consultants | Jeremy Welsh |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,103 |
| Garage | 1 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | LCR3YY |
| Acreage | 0.12 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Yard |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway |
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | 699 Not Defined |
| Listing VS Median (in 90022) | |
Price: $699,999 low | high Med: $750,000 sqft: 2,103 low | high Med: 1,230 $ / sqft: $333 low | high Med: $610 On site: 46 low | high Med: 13 | |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | 699 Not Defined |
| Listing VS Median (in 90022) | |
Price: $699,999 low | high Med: $750,000 sqft: 2,103 low | high Med: 1,230 $ / sqft: $333 low | high Med: $610 On site: 46 low | high Med: 13 | |
