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Remodeled Detached Triplex
For Sale
$699,999

549 Hoefner, Los Angeles, CA 90022

Los Angeles, CA

Property Size2,103 SF
Lot Size0.12 Acres
Price / SF$332.86
Days on Market48

Property Features for 549 Hoefner

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning LCR3YY
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1
Parking 3
Parking features Driveway
Lot features Yard
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions off of Hoefner
Subdivision 699 - Not Defined
Standard status Active
APN 6341016029
Size 2,103 SF
Lot size 0.12 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1936
Floors in Building 1
Number of units 3
Listing Agency: T.N.G. Real Estate Consultants
Listed By: Jeremy Welsh · License #01920764
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 26 at 5:06AM
MLS# OC26197298

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,103-square-foot triplex contains three separate residential units. The front residence has two bedrooms and one bathroom, while the middle unit provides one bedroom and one bathroom with a garage separating it from the front unit. A detached rear residence includes two bedrooms and one bathroom and has been recently remodeled and upgraded. Two units are currently tenant occupied, with tenants who are current and interested in remaining at the property.

The property includes two gated parking spaces and sits on a 0.1229-acre lot at 549 Hoefner in Los Angeles. Built in 1936, it has public water and public sewer service, with wall-furnace heating. The property is identified with LCR3YY zoning.

Key Highlights

  • Three separate residential units with a 2‑bedroom, 1‑bath front unit; 1‑bedroom, 1‑bath middle unit; and 2‑bedroom, 1‑bath rear unit
  • 2,103 square feet on a 0.1229‑acre lot
  • Detached rear unit recently remodeled and upgraded

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,226
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,520 $964.5K
Cap Rate 7%
$688,943 $688.9K
Cap Rate 9%
$535,844 $535.8K
Market Conditions
NOI Build-Up for 2,103 SF
Gross rent
$70.7K $33.60/SF
− Vacancy
−$1.8K −$0.84/SF
EGI
$68.9K $32.76/SF
− OpEx
−$20.7K −$9.83/SF
NOI
$48.2K $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%
$964,520
Cap Rate 7%
$688,943
Cap Rate 9%
$535,844

Alternative Uses

Best Use
Multifamily LT 5
$688.9K
$602.8K – $803.8K (±1% cap)
NOI $48,226 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$628.1K
$549.6K – $732.8K (±1% cap)
NOI $43,967 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$856.8K
$749.7K – $999.7K (±1% cap)
NOI $59,979 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,155
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with a varied unit mix, public utilities, and gated parking in Los Angeles.
Where is this triplex located?
The property is located at 549 Hoefner Los Angeles, CA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Three separate residential units with a 2‑bedroom, 1‑bath front unit; 1‑bedroom, 1‑bath middle unit; and 2‑bedroom, 1‑bath rear unit; 2,103 square feet on a 0.1229‑acre lot; Detached rear unit recently remodeled and upgraded
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