Four-Unit Multifamily
For Sale
$1,030,000
666 Hoefner, East Los Angeles, CA 90022
Four residences include a detached front home and a rear building with three additional units.
Property Size3,414 SF
Price / SF$301.70
Days on Market235
Property Features for 666 Hoefner
General Information
Standard status
Active
Size
3,414 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Whittier
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
4
Amenities
gated front yard
washer/dryer hookups
Building Details
Building Size
3,414 SF
Year Built
1958
Buildings
2
Listing Agency:
Fred DiBernardo
Listed By:
Fred DiBernardo · License #00573495
(310) 832-4573
Source:
Condosalesexperts
Added: Mar 6
Changed: Oct 26
Last Checked: Oct 26 at 12:45PM
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 Fred DiBernardo
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Investment Insights
Based on property information with market context.
A 3,414-square-foot multifamily property built in 1958, with four residences arranged across two structures. The front building is a two-bedroom, one-bath home with a gated yard. Behind it, a separate structure contains three units, including a two-level, three-bedroom, two-bath residence and two two-bedroom, one-bath rentals. Washer and dryer hookups are provided in every unit.
The property is located at 666 Hoefner in East Los Angeles, California, 90022.
The property is located at 666 Hoefner in East Los Angeles, California, 90022.
Key Highlights
- Four residences across two separate structures
- Front home has 2 bedrooms, 1 bathroom, and a gated yard
- Rear structure includes a two‑level 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath rentals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,375
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,500
$1.4M
Cap Rate 7%
$1,019,643
$1.0M
Cap Rate 9%
$793,056
$793.1K
Market Conditions
NOI Build-Up for 3,414 SF
Gross rent
$130.7K $38.28/SF
− Vacancy
−$915 −$0.27/SF
EGI
$129.8K $38.01/SF
− OpEx
−$58.4K −$17.11/SF
NOI
$71.4K $20.91/SF
Area
ZIP 90022
Vacancy
0.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,500
Cap Rate 7%
$1,019,643
Cap Rate 9%
$793,056
Alternative Uses
Best Use
Apartment 5plus
$1.02M
$892.2K – $1.19M
NOI $71,375 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,369 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,265
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four residences include a detached front home and a rear building with three additional units.
Where is this multifamily property located?
The property is located at 666 Hoefner East Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Four residences across two separate structures; Front home has 2 bedrooms, 1 bathroom, and a gated yard; Rear structure includes a two‑level 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath rentals
