716 Echandia Street

$1,099,999

716 Echandia Street

3,044 Sq.Ft.

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.

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Location

716 Echandia Street, East Los Angeles, CA 90033

Status

For Sale

Features & Amenities

Interior

Laundry room Inside

Fireplace None

Appliances Gas Range, Microwave, Refrigerator

Flooring Laminate

Area & Lot

Total area 3,044 Sq.Ft.

Lot Area 7,472 Sq.Ft.

Living area 3,044 Sq.Ft.

MLS® ID SR25194148

Year Built 1895

Type Condo

Status For Sale

Exterior

Stories 2

Pool None

Air conditioning Wall/Window Unit(s)

Heat type Wall Furnace

Water Source Public

Garage Space 1.0

Sewer Public Sewer

Parking Assigned, Driveway, Garage

Lot Features 0-1 Unit/Acre

Finance

Sales Price $1,099,999

Maintenance Fee $780 monthly

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$1,099,999

716 Echandia Street

Description

Share Property

Location

Status

Features & Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Explore More Properties

$5,295,000

$4,999,999

$3,950,000

$3,000,000

$2,750,000

$2,495,000

$1,795,000

$1,699,000

$1,675,000

Where we make it happen

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$1,099,999

716 Echandia Street

Description

Share Property

Location

Status

Features & Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Explore More Properties

$5,295,000

$4,999,999

$3,950,000

$3,000,000

$2,750,000

$2,495,000

$1,795,000

$1,699,000

$1,675,000

Where we make it happen

Get in Touch

Contact Details