Two-Unit Duplex with Private
471 Hoefner, Los Angeles, CA 90022
For Sale
$799,900
Remodeled rear unit with fenced yard and large paved courtyard; both units offer two bedrooms, private garage, and laundry.
Property Size1,597 SF
Days on Market170
Property Features for 471 Hoefner
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Fenced Yard
Additional Details
Business Included
Multifamily Units
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Homequest Real Estate
Listed By:
Laura O'Brien · License #02070082
(714) 366-3526
Source:
Milsteinestates
Added: May 23
Changed: Oct 31
Last Checked: Nov 6 at 3:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homequest Real Estate
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Investment Insights
Based on property information with market context.
This duplex features two separate units, each with two bedrooms and one bathroom, plus a dining room, living room, kitchen, and dedicated laundry room. Both units also include a private garage. The rear unit has been fully remodeled and is move-in ready, with a spacious landscaped, fenced backyard designed for outdoor use.
A large, paved courtyard provides an additional shared outdoor area for relaxing or entertaining. The property is described as being conveniently located near schools, shopping, public transportation, and freeways.
The layout supports a live-in-and-rent approach, with the option to occupy one unit while renting the other. Sale is subject to visual inspection of the front unit. The front unit is tenant-occupied by long-term responsible tenants who would like to remain, and they should not be disturbed.
A large, paved courtyard provides an additional shared outdoor area for relaxing or entertaining. The property is described as being conveniently located near schools, shopping, public transportation, and freeways.
The layout supports a live-in-and-rent approach, with the option to occupy one unit while renting the other. Sale is subject to visual inspection of the front unit. The front unit is tenant-occupied by long-term responsible tenants who would like to remain, and they should not be disturbed.
Key Highlights
- Duplex with both units offering 2 bedrooms and 1 bath, plus living room, dining room, kitchen, and a laundry room
- Rear unit has been fully remodeled and includes a fenced back yard and a spacious landscaped yard
- Large paved courtyard provides additional outdoor space for relaxing or entertaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,622
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,440
$732.4K
Cap Rate 7%
$523,171
$523.2K
Cap Rate 9%
$406,911
$406.9K
Market Conditions
NOI Build-Up for 1,597 SF
Gross rent
$53.7K $33.60/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$52.3K $32.76/SF
− OpEx
−$15.7K −$9.83/SF
NOI
$36.6K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,440
Cap Rate 7%
$523,171
Cap Rate 9%
$406,911
Alternative Uses
Best Use
Multifamily LT 5
$523.2K
$457.8K – $610.4K
NOI $36,622 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$477.0K
$417.4K – $556.5K
NOI $33,388 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$650.7K
$569.3K – $759.1K
NOI $45,547 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,852
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Remodeled rear unit with fenced yard and large paved courtyard; both units offer two bedrooms, private garage, and laundry.
Where is this duplex located?
The property is located at 471 Hoefner Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Duplex with both units offering 2 bedrooms and 1 bath, plus living room, dining room, kitchen, and a laundry room; Rear unit has been fully remodeled and includes a fenced back yard and a spacious landscaped yard; Large paved courtyard provides additional outdoor space for relaxing or entertaining
