$10,000 Closing Credit¹
#PF25028458, Andres Diaz, Listing Office: Keller Williams Realty
#SB24241731·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Olga Wright·
Listing Office Phone: 3108017373
$1,250,000 List price
716 Echandia St Los Angeles, CA 90033
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 716 Echandia St
Outstanding opportunity at over 7% Cap Rate on current income. The spacious front house has been fully gutted and remodeled, and can be delivered vacant or rented at $4,800. The 4-plex behind it has also undergone extensive renovations and consists of four 1-bedroom units with rents of $1,990, $1,918, $951, and $715. The large 7,470 Sq. Ft. lot provides ample on-site parking for residents. This renovated property offers an excellent layout for an owner-user or investment property, featuring a detached front house and a separate 4-plex at the rear, all situated on a single lot. ***Located in a sought-after area of Boyle Heights, this property sits on a quiet cul-de-sac in a residential neighborhood, close to parks, restaurants, medical facilities, public transportation, and offers easy access to freeways.
Highlights
Home typeCondominium
StatusActive
Lot size0.1716 Acres
Year built1895
MLS #SB24241731
Summary
- MLS Number: SB24241731
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 801-7373
- Listing Agent: Olga Wright
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,250,000
716 Echandia St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 03, 2018 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $820,232 | $10,667 |
| 2023 | $804,150 | $10,472 |
| 2022 | $788,383 | $10,010 |
| 2021 | $772,925 | $9,881 |
| 2020 | $765,000 | $9,612 |
| 2019 | $750,000 | $4,058 |
| 2018 | $273,077 | $3,936 |
| 2017 | $267,724 | $3,936 |
History based on county public records data.
Nearby schools
4
Bridge Street Elementary School
Public District KG-5
0.1 mi
•605 N Boyle Ave
4
Sheridan Street Elementary School
Public District PK-6
0.6 mi
•416 Cornwell St
6
2nd Street Elementary School
Public District KG-6
0.7 mi
•1942 E 2nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,890. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
52%
35k-100k
17%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
13%
Single, with Kids
15%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#DW25045422, Danny Navarro, Listing Office: Century 21 Allstars
$10,000 Closing Credit¹
#IV24237273, RACHAEL NOL, Listing Office: KELLER WILLIAMS RIVERSIDE CENT
#AR24170222, Wenjia Li, Listing Office: Pinnacle Real Estate Group
#CV25015751, ERIC CHEN, Listing Office: CB RICHARD ELLIS
#AR25026296, Justin McCardle, Listing Office: Growth Investment Group Pasade
Frequently asked questions
About 716 Echandia St
This home is located at 716 Echandia St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,250,000.
Los Angeles, CA housing market in February 2025 saw over 212 listings sold above listed price, more than 105 sold at listed price and over 280 sold below. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in February 2025 was 44 days, the median list price was $989,396.
From Rocket Homes Real Estate and based on county public records data.