$1,250,000
716 Echandia Street, Los Angeles 90033
8
Beds
6
Baths
7,474
Lot Size
5
# Of Units
Listing Agent
Olga Wright - Lyon Stahl Investment Real Estate, Inc.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.
Facts & Features
| MLS® # | SB24241731 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Lot Size | 7,474 |
| Year Built | 1895 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 716 Echandia Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Level, Rectangular Lot, Walkstreet |
|---|
Additional Information
| Date Listed | January 14th, 2025 |
|---|---|
| Days on Market | 91 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Olga Wright |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |