CA > Los Angeles
Los Angeles, CA 90033,716 Echandia ST
Los Angeles, CA 90033,716 Echandia ST
Los Angeles, CA 90033,716 Echandia ST
Los Angeles, CA 90033,716 Echandia ST
Los Angeles, CA 90033,716 Echandia ST
Los Angeles, CA 90033,716 Echandia ST
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Kelly Edwards

Kelly Edwards

+1(858) 255-9926
$ 1,195,000
Est. payment | /mo

7,474 Sqft Lot

Save
$ 1,195,000
Est. payment | /mo
Save

7,474 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24241731

HOA Y/N No

Year Built 1895

Lot Size 7,474 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description Level, Rectangular Lot, Walkstreet

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 to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc. • 3108017373
agent-avatar

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

+1(858) 255-9926

kelly@deanaguilargroup.com

San Diego, CA, 92124-6101, USA

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716 Echandia ST