549 Hoefner, Los Angeles, CA 90022

$699,999
5
BD
3
BA
2,103
SqFt

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List Price
$699,999
Price Change
▼ $80,001 1790456038
Status
ACTIVE
MLS#
OC-26197298
Year Built
1936
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,103
Lot Size
5,352
Days on Market
27
Property Type
Multifamily
Stories
1

Property 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.

Additional Information

Land Lease Type
Fee
Appliances
None
Fireplace Description
None
View
None
Garage Spaces Total
1

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Calculator source: Real Geeks

Listing courtesy of T.N.G. Real Estate Consultants.