716 Echandia Street | Los Angeles | State of California | Prices, Plans, Availability

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716 Echandia Street

USD 1,275,000

Property ID: SB24241731

716 Echandia Street ,90033

7474 SqFt

Built in 1895

USD 171/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

3044

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1895

Detailed Introduction Of This Home

Outstanding opportunity at over 7% Cap Rate on current income. This renovated property offers an excellent layout for an owner-user, featuring a detached front house and a separate 4-plex at the rear, all situated on a single lot. 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. ***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.

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