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    716 Echandia St

    Los Angeles, CA 90033
    • $1,075,000
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 20-673070
    UPDATED: 34 min ago
    $1,075,000
    • 6
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,044
      SQFT
    • $353
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:

    School Ratings & Info

    Description

    Great 5 unit building, recently rehabbed. Two buildings on one lot. Large four bedroom home, and a separate 4 unit building in the rear. Near Prospect Park in the Boyle Heights neighborhood of Los Angeles. Easy access to local shopping and restaurants, as well as the 110, 10, 60 and 5 Freeways. Close to USC Medical School and LA County Hospital. Low GRM (12.4X). Value add opportunity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-02T21:42:37.32. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/112835095
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    716 Echandia St Los Angeles, CA 90033

    • Price: $1,075,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 20-673070
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,044
    SQFT
    $353
    $/SQFT
    1895
    Built
    Neighborhood:
    Boyle Heights
    County:
    Los Angeles
    Area:
    Boyle Heights
    Property Description
    Great 5 unit building, recently rehabbed. Two buildings on one lot. Large four bedroom home, and a separate 4 unit building in the rear. Near Prospect Park in the Boyle Heights neighborhood of Los Angeles. Easy access to local shopping and restaurants, as well as the 110, 10, 60 and 5 Freeways. Close to USC Medical School and LA County Hospital. Low GRM (12.4X). Value add opportunity.
    Exterior Features

    Direction Faces West Exterior Construction Frame Lot Size Area 7472 Other Structures None Parking Garage None Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style California Bungalow Tennis Court None Tennis YN No Total Parking 4 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 5.00 Common Walls Attached Cooling Wall/Window Equipment Ceiling FanDishwasherBuilt-InsCableGarbage Disposal Flooring Wood Heating Natural GasOther Laundry None

    Property Features

    Assessed Total Value 267724 Gross Income 88512 Gross Operating Income 85869 Like Units1 1 Like Units2 4 Net Operating Income 54179.00 Number Of Buildings 2 Number Of Units 5 Owner Pays WaterOtherGardener Rent Control YN Yes Sale Type Standard Security Features None Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 31690 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Joseph Killinger DRE#01119814 of Commercial Brokers Int'l. Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-02T21:42:37.32. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270