East Los Angeles, CA 90033,716 Echandia ST
East Los Angeles, CA 90033,716 Echandia ST
East Los Angeles, CA 90033,716 Echandia ST
East Los Angeles, CA 90033,716 Echandia ST
East Los Angeles, CA 90033,716 Echandia ST
East Los Angeles, CA 90033,716 Echandia ST
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$ 1,150,000
Est. payment | /mo

7,470 Sqft Lot


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$ 1,150,000
Est. payment | /mo
Save

7,470 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25194148

HOA Y/N No

Year Built 1895

Lot Size 7,470 Sqft

Property Sub-Type Apartment

Property 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 6.5%, 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.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range, Microwave, Refrigerator

Laundry Inside

Exterior

Parking Features Assigned, Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wire

Pool None

Community Features Urban

Total Parking Spaces 9

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5174003038

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Nery Lucio-Cabrera Luxury Collective 323-682-2806
Tony Garcia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 334-1124

homesbyasg@gmail.com

8526 Florence Ave, Downey, CA, 90240, USA

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716 Echandia ST