716 Echandia Street East Los Angeles, CA ^$ 1,085,000

716 Echandia Street

^$ 1,085,000

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716 Echandia Street

East Los Angeles, CA, 90033

^$ 1,085,000

Studio Baths2.0 Sq 3,044

Monthly Estimate*

^$ 6,769

Listed by Luxury Collective

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Studio

Multi-Family Home for sale in East Los Angeles, CA

for $1,085,000 with 2 full baths. This 3,044 square foot home was built in 1895 on a lot size of 0.1715.

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.

Multi-Family Active

Price

^$ 1,085,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1715

Year Built

1895

Town/City

East Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25244494

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Appliances Gas Range Microwave Refrigerator

HOA Fee 0

Garage Spaces 1

Pool Features None

Year Built 1895

Tenant Pays Electricity

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 112563

Community Features Urban

County Los Angeles

Net Operating Income 90266

Operating Expense 28222

Insurance Expense 4000

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 780

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Echandia St. & Bridge St.

City East Los Angeles

Entry Location Front Door

Senior Community Y/N false

Number Of Units Total 5

MLS Area ELA - East Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 7472

Number of Units Leased 5

Listing Terms Cash Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2640

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 8

Total Actual Rent 118488

Property Sub Type Additional Apartment

Cap Rate 8.21

Interior

Flooring Laminate

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features Inside

Entry Level 1

Exterior

Fencing Wire

Parking Features Assigned Driveway Garage

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 10

Lot Size Area 7472

Number of Buildings 2

Building Area Total 3044

Lot Size Acres 0.1715

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Luxury Collective

Broker

info@nerylucio.com

Affordability Calculator

$6,769

Per Month

Monthly Principal & Interest: $6,769
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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 East Los Angeles, CA

Average List Price ^$918,988

Percent of Sale Price 15%

About East Los Angeles, CA

127,030 Population

1% Since 2002

^$42,386 Median Income

31.98 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,085,000		Listed Price

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716 Echandia Street, East Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,085,000 with 3,044 sqft and a lot size of 0.1715. 716 Echandia Street is a studio with 2.0 baths and was built in 1895. The property's zip code is 90033 which is in East Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/17/2025. 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 East Los Angeles, CA

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