716 Echandia ST Active Save Request In-Person Tour Request Virtual Tour
East Los Angeles,CA 90033
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25244494
HOA Y/N No
Year Built 1895
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 8.21%, 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 10
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