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For Sale

$699,999

2,103 sqft$333/sqft58 days on market

549 Hoefner AVE

Los Angeles, CA 90022

· 8% down, 7% APR, 30yr fixed

5

Beds

3

Baths

2,103

Square feet

1936

Built

Listing narrative

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.

Listing agent (MLS): Jeremy Welsh · Listing brokerage (MLS): T.N.G. Real Estate Consultants

Property Details

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Price

$699,999

Beds

5 bd

Type

Multi-Family

Home Size

2,103 sqft

Baths

3

Lot Size

0.12 acres

Year

1936

Status

For Sale

Days on Market

58

$ / Sqft

$333

· 8% down, 7% APR, 30yr fixed
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Courtesy of T.N.G. Real Estate Consultants