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716 Echandia Street, East Los Angeles, CA 90033
Priced at Only: $1,085,000
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Address: 716 Echandia Street, East Los Angeles, CA 90033
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716 Echandia Street
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  • MLS#: SR25244494 ( Apartment )
  • Street Address: 716 Echandia Street
  • Viewed: 1
  • Price: $1,085,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1895
  • Bldg sqft: 0
  • Days On Market: 79
  • Additional Information
  • County: LOS ANGELES
  • City: East Los Angeles
  • Zipcode: 90033
  • Provided by: Luxury Collective
  • Contact: Nery Nery
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional investment opportunity in Boyle Heights! This 5 unit multifamily property features a desirable mix of units, including one spacious 4 bedroom, 2 bathroom unit, along with four 1 bedroom, 1 bathroom units. The property sits on a generous lot and offers a strong rental upside with a current cap rate of 8.21%, making it an attractive option for both seasoned investors and those looking to expand their portfolio. Conveniently located near Downtown Los Angeles, the Arts District, major freeways, schools, parks, and neighborhood amenities, this property benefits from consistent rental demand and excellent potential for both cash flow and long term appreciation.
Features
Appliances
  1. Gas Range
  2. Microwave
  3. Refrigerator
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3044.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 287
Electric Expense
  1. 0.00
Entry Location
  1. Front Door
Fencing
  1. Wire
Fireplace Features
  1. None
Flooring
  1. Laminate
Fuel Expense
  1. 0.00
Garage Spaces
  1. 1.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 4000.00
Laundry Features
  1. Inside
Levels
  1. Two
Lockboxtype
  1. See Remarks
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 90266.00
Parcel Number
  1. 5174003038
Parking Features
  1. Assigned
  2. Driveway - Combination
  3. Garage
Pest Control Expense
  1. 1140.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 449614138:CRM
Taxblock
  1. 15
Tenant Pays
  1. Electricity
Totalactualrent
  1. 118488.00
Totalexpenses
  1. 28859.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 2640.00
Water Source
  1. Public
Year Built
  1. 1895
Year Built Source
  1. Public Records
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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