716 Echandia Street

East Los Angeles, CA 90033
$1,085,000
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 itRead MoreRead Less
Property listed by Luxury Collective, Nery Lucio-Cabrera 323-682-2806
Listing Snapshot
Days Online
7
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1895
MLS Number
SR25244494
Property Location Map
Additional Details
Appliances & Equipment
GasRange, Microwave, Refrigerator
Building
Built in 1895, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front Door
Community
Urban
Cooling
WallWindowUnits
Expenses
Insurance: $4,000, Maintenance: $780, Operating: $28,222, Pest Control: $1,140, Water/Sewer: $2,640
Fence
Wire
Fireplaces
None
Floors
Laminate
Garage
1 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $112,563, Gross ScheduledIncome: $112,563, Net Operating Income: $90,266
Laundry
Inside
Lot
0.1715 acres, ZeroToOneUnitAcre
Parking
10 total parking spaces, Assigned, Driveway, Garage
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5174003038, Tax Block: 15, Lot: 8
Tenant Pays
Electricity
Utilities
Water Source: Public, 2 separate electric meters, 2 separate gas meters, 2 separate water meters
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Monthly Payment
$0
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.