716 Echandia Street, Los Angeles, CA 90033

  • $1,195,000
  • $1,250,000
716 Echandia Street, Los Angeles, CA 90033
Active
716 Echandia Street, Los Angeles, CA 90033
716 Echandia Street, Los Angeles, CA 90033
  • $1,195,000
  • $1,250,000

Description

Outstanding opportunity at over 7% Cap Rate on current income. The spacious front house has been fully gutted and remodeled, and can be delivered vacant or rented at $4,800. The 4-plex behind it has also undergone extensive renovations and consists of four 1-bedroom units with rents of $1,990, $1,918, $951, and $715. The large 7,470 Sq. Ft. lot provides ample on-site parking for residents. This renovated property offers an excellent layout for an owner-user or investment property, featuring a detached front house and a separate 4-plex at the rear, all situated on a single lot. ***Located in a sought-after area of Boyle Heights, this property sits on a quiet cul-de-sac in a residential neighborhood, close to parks, restaurants, medical facilities, public transportation, and offers easy access to freeways.

  • Address 716 Echandia Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Country US

Details

Updated on April 18, 2025 at 10:55 pm
  • Property ID: SB24241731
  • Price: $1,195,000
  • Property Size: 3044 Square Feet
  • Land Area: 0.1716 Acres
  • Garage Size: x x
  • Year Built: 1895
  • Property Type: Residential Income, Apartment
  • Property Status: Active

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  • Hoyt Hochman