716 Echandia St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,250,000 USD
310-801-7373
716 Echandia St, Los Angeles, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/26
null | 7.48% Cap Rate

716 Echandia St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Excellent Cash flow - 7.4% Current Cap Rate! Over 10% Cap Rate at Market Income
  • Front house has been gutted and fully remodeled; it can be delivered vacant or rented
  • 2.5% Buyer's Agent Commission!
  • Property Consists of 2 Buildings 7,474 SF Lot Zoned R2 and has on-site parking
  • Located in a quiet residential cul-de-sac close to park
  • Available to buy with the SFR on adjacent lot (NAP)

OVERVIEW

Excellent Income Producing property. 5 units on large lot zoned R2

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$411 USD /SF

# OF UNITS

5

PRICE/UNIT

$250,000

CAP RATE

7.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 units with huge cash flow; over 7% cap rate

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LAR2

APN/PARCEL ID

5174-003-038

ASK ABOUT THIS PROPERTY

Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

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Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.