716 Echandia Street, Los Angeles, CA 90033 - Berkshire Hathaway HomeServices California Properties

716 Echandia Street, Los Angeles, CA 90033

$1,250,000 Approx. USD 0 beds, 0 baths

Listing Agent


Olga Wright | olga@lyonstahl.com
Lic#: 01315042
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Evelyn Baez Gonzalez | evelyn@lyonstahl.com
Lic#: 02103055
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SB24241731
List price is $1,250,000 Reduced by $25,000 on 2/22/2025
Price: $1,250,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1895
2 stories
0.17 acres
Lot size: 0.1716
County: Los Angeles
Zoning: LAR2
Lot description: Level,Rectangular Lot,Walkstreet
MLS area: BOYH - Boyle Heights

Last Updated: 2/22/2025

 Days On Market (DOM): 88

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.054589, -118.216552.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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