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561 Hoefner Ave, Los Angeles, CA 90022
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561 Hoefner Ave Los Angeles, CA 90022

$698,000 Sold Price as of 12/08/2021
  • 5 Beds
  • 4 Baths
  • 1,651 Sq.Ft.
Sold
$698,000 Sold Price as of 12/08/2021 Refinance Your Mortgage
Map preview of 561 Hoefner Ave, Los Angeles, CA 90022

Property Overview: 561 Hoefner Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,651 living square feet and 5,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in almost 60 years! This true duplex is perfect for a family who wants to live in the front 3 bedroom 2 bathroom 1,065 sqft home and rent out the rear 1 bedroom 1 bathroom 586 sqft home to supplement their income or for an investor looking for a long term cash flow opportunity. The property has a 2 car detached garage and a long driveway for multiple car tandem parking. Interior of both units has newer luxury vinyl plank flooring, updated kitchens and bathrooms. Property can be delivered vacant in December or tenants can stay if Buyer chooses.

Listed by Victor Quiroz | BRE #01717752 | Berkshire Hathaway HomeServices CA Prope
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,398
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21784206
City
Los Angeles
County
Los Angeles
Time on Site
1020 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 209
  • Gross Scheduled Income: --
  • Net Operating Income: $2,800
  • Gross Operating Income: $3,250
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 561 Hoefner Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace, Fireplace(s)
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Vented Exhaust Fan, Gas Cooktop
Interior Features
  • Ceiling Fan(s)
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Concrete, Uncovered, Street, Guest, Tandem Garage, Gated, Garage - Two Door, Garage, Private
Lot Information
  • Lot Features: Front Yard, Rectangular Lot, Corners Marked
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 6341016026
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
Location / Neighborhood
Location Information
  • Directions: Off 60 Freeway exit Atlantic and head South. East on Repetto. South on Hoefner, home is on the West side of Hoefner between Eagle St. & E 6Th St.
View more facts & features

Local Los Angeles Agent

Sale History for 561 Hoefner Ave

Last sold for $698,000 on December 8th, 2021

  • September, 2021

  • Sep 27, 2021

    Date

    Hold

    CRMLS: 21784206

    $680,000

    Price

  • Sep 15, 2021

    Date

    Active

    CRMLS: 21784206

    $680,000

    Price

Tax History for 561 Hoefner Ave

Assessed Value (2020): $67,235
Year Land Value Improved Value Assessed Value
2020 $27,320 $39,915 $67,235

Home Value Compared to the Market

This property vs the competition

561 Hoefner Ave sold on December 8, 2021 for 39.82% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $411.87 per/sqft which puts the price per square foot 45.38% lower than the current median sale per square foot for the city of Los Angeles.

About 561 Hoefner Ave

Detailed summary of property

561 Hoefner Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 1,651 living square feet, and sits on an approximately 5,398 square foot lot. 561 Hoefner Ave was first listed on ArdentRealEstateGroup.com on September 16, 2021. The homeowner sold the property for $698,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 39.82% lower than the current median priced home. Local homes that are currently for sale include 1160 S Dacotah St, 1160 S Dacotah St and 3406 Pueblo Ave. While the average home in Los Angeles, CA is selling in 99 days, 561 Hoefner Ave has a days on market of 12 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 561 Hoefner Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 561 Hoefner Ave

Public county record property details
Beds
4
Baths
2
Year built
1940
Sq. Ft.
1,651
Lot Size
5,397
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
192
APN
6341-016-026

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$581
Total Inventory
24
Median Sale to List Price %
92.16%
Avg Days on Market
36
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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