43
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$1,085,000
Est. payment /mo
7 Beds
7,472 Sqft Lot
Active
716 Echandia Street East Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25244494
Bedrooms 7
Lot Size 7,472 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction Echandia St. & Bridge St.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5174003038
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Nery Lucio-Cabrera Luxury Collective
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