
Los Angeles, California 90022
This triplex presents a High-Potential Investment Opportunity with a List Price of $780,000—positioned well below the $927,528 Fair Market Value by 15%. This valuation gap offers $147,528 in Instant Equity for the incoming owner. Featuring a Condition Rating of 3, the property includes a recently remodeled detached unit and two gated parking spaces. With established rental income and a desirable unit mix, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income for long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 549 Hoefner Subject 5 bd · 3 ba · 2,103 sqft · $354 | $699,999* List Price | 5 | 3 | 2,103 | $354 | - |
A 538 S Fetterly Avenue Sold 0 bd · 0 ba · 2,412 sqft · $338 · 0.8 mi | $815,000 | 0 | 0 | 2,412 | $338 | 0.8 mi |
B 536 S Sadler Pending 4 bd · 3 ba · 2,000 sqft · $425 · 0.1 mi | $850,000 List Price | 4 | 3 | 2,000 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1936, this triplex features a detached rear unit that has been recently remodeled with new laminate flooring, fresh paint, and updated kitchen cabinets with butcher block countertops. While the exterior and systems (such as window AC units) show some age and dated elements, the property is well-maintained, functional, and move-in ready for the vacant unit.
With two units currently occupied by reliable tenants in good standing, an investor can benefit from established cash flow starting from the date of acquisition.
The detached rear unit has been recently remodeled and upgraded, providing a modern living space that can command market-rate rent or serve as a move-in ready owner-occupied unit.
The property includes two gated parking spaces, a highly sought-after and valuable amenity in Los Angeles that enhances tenant desirability and security.
Originally built in 1936, the property may require ongoing maintenance or capital improvements to aging systems such as plumbing and electrical compared to newer developments.
With only two parking spaces available for a triplex totaling five bedrooms, the parking-to-unit ratio may be insufficient for full occupancy, potentially leading to tenant friction.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,103 | 2,090.331 |
| Lot Size | 5,352 | 5,852.908 |
| Price | $700.0K | $830.9K |
| Price per sq ft | $333 | $394 |
| Built year | 1936 | 1928 |
| HOA | $0 | $0 |
| Days on market | 61 | 87 |
Sep 27, 2026
$699,999
$780,000
-10% Price Drop
Initial Listing
Sep 9, 2026
$780,000
Initial Listing