716 Echandia Street Los Angeles, CA ^$ 1,350,000

716 Echandia Street

^$ 1,350,000

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716 Echandia Street

Los Angeles, CA, 90033

^$ 1,350,000

Bedrooms8 Baths6.0 Sq 3,044

Monthly Estimate*

^$ 9,430

Listed by RE/MAX FREEDOM

716 Echandia Street, Los Angeles, CA 90033 - Image 1

716 Echandia Street, Los Angeles, CA 90033 - Image 2

716 Echandia Street, Los Angeles, CA 90033 - Image 3

716 Echandia Street, Los Angeles, CA 90033 - Image 4

716 Echandia Street, Los Angeles, CA 90033 - Image 5

716 Echandia Street, Los Angeles, CA 90033 - Image 6

716 Echandia Street, Los Angeles, CA 90033 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 8 bedrooms and 6 full baths. This 3,044 square foot home was built in 1895 on a lot size of 0.1716.

Welcome to this great investment opportunity, the main house features 4 beds and 2 baths (stand alone) The back detached building features 4 units that are each 1 bed and 1 bath. This amazing property is centrally located on a cul-da-sac in a quiet and stable neighborhood. Within walking distance from Prospect park with a newly installed play structure. Close proximity to Union Station, Mariachi Plaza, Keck USC, 101 and 5 freeway. Don't miss out on this perfect investment opportunity.

Multi-Family Pending

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1716

Year Built

1895

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

HD24059609

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR2

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1895

Property SubType Apartment

Gross Income 121980.0

Community Features StreetLights

County Los Angeles

Net Operating Income 86039.0

Operating Expense 35941.0

Insurance Expense 2892.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Subject to inspection.

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions Off N State street and Bridge st

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 7474.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Echandia

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange Submit

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2500.0

Water Sewer Expense 2500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 30

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 8

Property Sub Type Additional Apartment

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 2.0

Lot Size Area 7474.0

Number of Buildings 2

Spa N

Building Area Total 3044.0

Lot Size Acres 0.1716

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 716

* Excluded Features

List By

Re/Max Freedom

Broker

(909) 371-7553

Phone

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$1,350,000		Listed Price

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716 Echandia Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,350,000 with 3,044 sqft and a lot size of 0.1716. 716 Echandia Street has 8 bedrooms, 6.0 baths, and was built in 1895. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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716 Echandia Street

Multi-Family Home for sale in Los Angeles, CA

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