716 Echandia Street

Los Angeles, CA 90033
$1,250,000
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,Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright 3108017373
Listing Snapshot
Days Online
57
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1895
MLS Number
SB24241731
30 Days Snapshot Of 90033
$809k
+17%
(avg) sold price
1
-50%
home sold
30
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1895, Building area total: 3,044, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks, Urban
Expenses
Gardener expense: $1,200, Insurance expense: $2,892, Maintenance expense: $3,250, New taxes expense: $14,875, Operating expense: $27,217, Water sewer expense: $5,000
Income
Gross income: $124,488, Net operating income: $93,536
Laundry
None
Lot
0.1716 acres, 7,474 square feet, Size: 7,474, Level, RectangularLot, Walkstreet
Pool
None
Property
Zoning: LAR2
Sewer
PublicSewer
Tenant Pays
Electricity, Gas
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Joe Villaescusa
CEO
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.