Do Real Estate on the Go!
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Listed by: Nery Lucio-Cabrera DRE #02195967, Steve Julian DRE #01909119 | Luxury Collective (424) 395-4841
$1,085,000
8 Beds
- 6 Baths
--sqft
716 Echandia St, East Los Angeles, CA 90033
$1,085,000
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Apartment
Built in 1895
$-- HOA
7,472 sqft lot
--/sqft
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1895
HOA Fees
-
Finished Area
- sqft
Lot Size
7,472 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25244494
MLS Status
Active
Days on Market
24
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