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Multifamily

617 Echandia St

617 Echandia St, Los Angeles, CA 90033

Listing Price: $1,300,000

Cap Rate
5.57%
Number of Units
6
Price/Unit
$216,667

Investment Overview

Marcus & Millichap is pleased to offer a well kept 6 unit apartment building consisting of Four 1 Bed + 1 Bath and Two 2 Bed + 1.5 Bath. The existing Cap and GRM are attractive and there is future upside in rents. The property sits on an oversized 11,841 sq. ft. lot and is located in a Tier 3 TOC. There are 3 separate buildings, offering privacy for the tenants. There are newer windows, roofs and paved driveway. The location has a good walk score and a stones throw away from White Memorial Hospital and Bridge Street Elementary School.

Investment Highlights

  • Attractive In Place CAP Rate and GRM
  • Large 11,841 SQ. FT. Lot (Tier 3 TOC)
  • Newer Windows, Roofs and Driveway
  • Good Upside in Rents
  • .02 Miles Away from White Memorial Hospital
  • Very Walkable with 82 Walkscore

Exclusively Listed By

Financing By

Multifamily

617 Echandia St

Listing Price: $1,300,000

Cap Rate
5.57%
Number of Units
6
Price/Unit
$216,667

Investment Highlights

  • Attractive In Place CAP Rate and GRM
  • Large 11,841 SQ. FT. Lot (Tier 3 TOC)
  • Newer Windows, Roofs and Driveway
  • Good Upside in Rents
  • .02 Miles Away from White Memorial Hospital
  • Very Walkable with 82 Walkscore

Investment Overview

Marcus & Millichap is pleased to offer a well kept 6 unit apartment building consisting of Four 1 Bed + 1 Bath and Two 2 Bed + 1.5 Bath. The existing Cap and GRM are attractive and there is future upside in rents. The property sits on an oversized 11,841 sq. ft. lot and is located in a Tier 3 TOC. There are 3 separate buildings, offering privacy for the tenants. There are newer windows, roofs and paved driveway. The location has a good walk score and a stones throw away from White Memorial Hospital and Bridge Street Elementary School.

Exclusively Listed By

Financing By

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