Log In/Sign Up
Your email has been sent.
716 Echandia St 5 Unit Apartment Building $1,050,000 ($210,000/Unit) 8.60% Cap Rate Los Angeles, CA 90033
EXECUTIVE SUMMARY
8%+ Cap Rate. Exceptional investment opportunity in Boyle Heights! This 5-unit multifamily property featuring a desirable mix of units. The property includes 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, making it ideal 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 offers consistent rental demand and excellent potential for both cash flow and long-term appreciation.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$118,488
|
$38.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$118,488
|
$38.93
|
| Taxes |
$13,738
|
$4.51
|
| Operating Expenses |
$14,484
|
$4.76
|
| Total Expenses |
$28,222
|
$9.27
|
| Net Operating Income |
$90,266
|
$29.65
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $118,488 |
| Annual Per SF | $38.93 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $118,488 |
| Annual Per SF | $38.93 |
| Taxes | |
|---|---|
| Annual | $13,738 |
| Annual Per SF | $4.51 |
| Operating Expenses | |
|---|---|
| Annual | $14,484 |
| Annual Per SF | $4.76 |
| Total Expenses | |
|---|---|
| Annual | $28,222 |
| Annual Per SF | $9.27 |
| Net Operating Income | |
|---|---|
| Annual | $90,266 |
| Annual Per SF | $29.65 |
PROPERTY FACTS
| Price | $1,050,000 | Lot Size | 0.17 AC |
| Price Per Unit | $210,000 | Building Size | 3,044 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8.60% | No. Stories | 2 |
| No. Units | 5 | Year Built | 1895 |
| Property Type | Multifamily | Parking Ratio | 1.97/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | LAR2 - Two-Family Dwellings R1 Uses, Home Occupations | ||
| Price | $1,050,000 |
| Price Per Unit | $210,000 |
| Sale Type | Investment |
| Cap Rate | 8.60% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,044 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1895 |
| Parking Ratio | 1.97/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR2 - Two-Family Dwellings R1 Uses, Home Occupations |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $4,300 | - |
| 1+1 | 4 | $1,408 | - |
1 1
Transit Score®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 5174-003-038 | Total Assessment | $836,635 (2025) |
| Land Assessment | $501,981 (2025) | Annual Taxes | $13,738 ($4.51/SF) |
| Improvements Assessment | $334,654 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5174-003-038
Land Assessment
$501,981 (2025)
Improvements Assessment
$334,654 (2025)
Total Assessment
$836,635 (2025)
Annual Taxes
$13,738 ($4.51/SF)
Tax Year
2024
1 of 46
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Luxury Collective
716 Echandia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.