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716 Echandia Street

East Los Angeles, CA 90033
  • $1,085,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: SR25244494
UPDATED: 81 min ago
$1,085,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

Listing Agent(s): Nery Lucio-Cabrera of Luxury Collective (424-395-4841) and Steve Julian of ()


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169868973
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716 Echandia Street East Los Angeles, CA 90033

  • Price: $1,085,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 81 min ago
  • ID#: SR25244494
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1895
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
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.
Exterior Features

Entry Level 1 Entry Location Front Door Fencing Wire Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features AssignedDrivewayGarage Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances Gas RangeMicrowaveRefrigerator Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 8.21 Common Interest Community Apartment Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 112563 Gross Scheduled Income 112563 Insurance Expense 4000 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 780 Net Operating Income 90266 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 5 Operating Expense 28222 Pest Control Expense 1140 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 118488 Trash Expense 0 Water Sewer Expense 2640 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Nery Lucio-Cabrera of Luxury Collective (424-395-4841) and Steve Julian of ()