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$1,350,000   Price Analysis
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716 Echandia St
Los Angeles, CA 90033
8 bed 6 bath 3,044 SqFt ($443/SqFt)
7,474SqFt lot. Built 1895
Listed 2024-03-26, Taxes $10,010
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this extraordinary investment pportunity

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 excellent 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 pe rfect investment opportunity.


Presented by Karla M Carrillo at
RE MAX Freedom.


Property MLS #HD24059609 from CRMLS

Bedrooms: 8

Laundry Features: Common Area

Full Bathrooms: 6

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1715794
Lot Size Source: Assessor
Lot Size Square Feet: 7474

Garage Spaces: 2
Parking Total: 2

Number of Units: 5
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 3250.00

Rent Control: Yes

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2892.00
Area: BOYH - Boyle Heights
Source Neighborhood: BOYH - Boyle Heights
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5174003038
Postal Code Plus 4: 1613
Professional Management Expense: 6099.00
Trash Expense: 2500.00
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$315,353 + $473,030
$788,383
$10,010
2021$309,170 + $463,755
$772,925
$9,881
2020$306,000 + $459,000
$765,000
$9,984
2019$300,000 + $450,000
$750,000
$9,612
2018$140,229 + $132,848
$273,077
$4,058
2017$137,480 + $130,244
$267,724
$3,936
2016$134,785 + $127,691
$262,476
$3,825
2015$132,761 + $125,773
$258,534
$3,778
2014$130,161 + $123,310
$253,471
$3,823
2013$129,573 + $122,753
$252,326
$3,813
2012$127,033 + $120,347
$247,380
$3,859
2010$124,543 + $117,988
$242,531
$3,705
2009$123,907 + $117,386
$241,293
$3,585
2009$123,613 + $117,107
$240,720
$3,585
2008$121,478 + $115,085
$236,563
$3,455
2007$119,097 + $112,829
$231,926
$3,343

Listed 2024-03-26
$1,350,000
CRMLS
Listing removed 2021-04-06
$0
TheMLSCLAW
Price Changed 2021-01-14
$1,075,000
TheMLSCLAW
Listed 2020-12-23
$1,099,000
TheMLSCLAW
Sold 2018-08-03
$750,000
CRMLS
Price Changed 2018-03-23
$775,000
CRMLS
Price Changed 2018-02-27
$825,000
CRMLS
Listed 2018-02-05
$895,000
CRMLS
Sold 1975-07-02
$27,500
Public Record

Net Operating Income: 86039.00

Total Square Feet Living: 3044
Year Built: 1895
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 129
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 2500.00
Water Source: Public

Bridge Street Elementary School is a public elementary school located approximately 0.1 miles away.
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Hollenbeck Middle School is a public middle school located approximately 1.3 miles away.
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San Antonio De Padua is a private elementary and middle school located approximately 0.2 miles away.
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East Los Angeles Occupational is a public elementary, middle and high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.