666 Hoefner, East Los Angeles, California 90022, East Los Angeles, 90022 - 0 bed, 0 bath
Loading property details...
East Los Angeles, California 90022
This Quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,030,000—positioned well below the $1,173,768 Fair Market Value by 12%. This valuation gap offers $143,768 in Instant Equity for buyers. Maintaining a Condition Rating of 4, the property features a separate front house and a spacious 3-bedroom owner’s unit. With significant rental upside and essential washer/dryer hookups in all units, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in East Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 666 Hoefner Subject | $1,030,000* List Price | 0 | 0 | 3,414 | $344 | - |
A Xz506 S Kern Avenue Sold | $820,000 | 0 | 0 | 2,770 | $296 | 0.9 mi |
B 5609 E Beverly Boulevard Active | $1,000,000 List Price | 0 | 0 | 3,110 | $322 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this quadruplex is well-maintained and move-in ready but shows clear signs of age. The interiors feature dated cabinetry, older tile countertops, and basic appliances. While functional and clean, the property lacks recent modern renovations, fitting the criteria for a home that has been maintained through regular upkeep but remains stylistically outdated.
The quadruplex layout, featuring a separate front house and a large 3-bedroom owner's unit, is perfectly suited for FHA-financed owner-occupants or investors seeking house-hacking opportunities.
Having been under long-term family ownership, the property offers substantial potential to increase rental income to current market rates, maximizing long-term return on investment.
All four units are equipped with individual washer and dryer hookups, a highly desirable feature that attracts quality tenants and simplifies property management.
Given the 1958 construction and decades of single-family ownership, the property may require capital expenditures for modernizing systems and finishes to reach its full potential.
Accommodating four units on a 6,862 square foot lot may result in limited private outdoor space and potential parking constraints for a full roster of tenants.
IDEAL PROPERTY FOR FHA FIANANCE OWNER OCCUPANT OR FIRST TIME INVESTOR. SEPARATE CLEAN 2 BEDROOM 1 BATH HOME IN FRONT WITH A GATED FRONT YARD. A SEPARATE STRUCTURE WITH 3 WELL MAINTAINED ADDITIONAL UNITS IN IN THE REAR INCLUDING A 2 LEVEL 3 BEDROOM 2 BATH OWNERS UNIT WITH 2 ADDITIONAL 2 BEDROOM 1 BATH RENTALS. ALL UNITS HAVE WASHER AND DRYER HOOKUPS. PROPERTY HAS BEEN IN THE SAME FAMILY FOR MANY YEARS, AND PROPERTY HAS HUGE UPSIDE RENT POTENTIAL. OWNER S WILLING TO CONSIDER PARTICIPATING WITH RELOCATION ASSISTANCE FOR AN OWNER OCCUPANT. PRICED FOR IMMEDIATE SALE!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,414 | 1,892.5 | 93% |
| Lot Size | 6,862 | 6,351 | 79% |
| Price | $1.03M | $759.0K | 93% |
| Price per sq ft | $302 | $411 | 14% |
| Built year | 1958 | 1929 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 239 | 7% |
Mar 6, 2026
$1,030,000
Initial Listing