Est. cap rate

4.7%

Assumed rent, all units

$5,460/mo

Units

3

Price per unit

$233,333

Est. annual NOI

$32,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

5

Bathrooms

3

Building size

2,103 sqft

Lot size

5,352 sqft

Year built

1936

Stories

1

Garage spaces

1

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

23

MLS #

246903345

About this property

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.

Location

549 Hoefner

Los Angeles, Los Angeles, CA, 90022