549 Hoefner, Los Angeles, CA 90022

$780,000
5
BD
3
BA
2,103
SqFt

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List Price
$780,000
Days on Market
2
Status
ACTIVE
MLS#
OC26197298
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,103
Lot Size(apprx.)
5,352
City
Los Angeles
Property Type
Condo
Year Built
1936

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 propertys overall income potential. Adding to the propertys appeal are two gated parking spaces, an increasingly valuable feature for Los Angeles tenants. For investors looking beyond todays 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. 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 propertys overall income potential. Adding to the propertys appeal are two gated parking spaces, an increasingly valuable feature for Los Angeles tenants. For investors looking beyond todays 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

Stories
1
Cooling
None
Heat Source
Gravity
Parking Garage Spaces
3

Mortgage Calculator

Amount of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeremy Welsh (714-206-3232) from Listing Office: T.N.G. Real Estate Consultants.

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