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.
For sale
Listing Provided by:
Nery Lucio-Cabrera DRE #02195967 323-682-2806,
Luxury Collective,
Steve Julian DRE #01909119 818-577-5257,
Luxury Collective
$1,099,999
716 Echandia St, Los Angeles, CA 90033
8beds
6baths
3,044sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$1,090,600 Zestimate®
$361/sqft
$-- HOA
What's special
Generous lot
- 200 days |
- 136 |
- 6 |
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