627 Echandia Street

Los Angeles, CA 90033

$1,042,500
Last Sold Price
5
Beds
6
Baths
4,520 Sq. Ft.
$231 / Sq. Ft.
4,520
Sq. Ft.
$231
per Sq. Ft.

Description

Builders: Opportunity to build 4 Units RTI, while cash flowing from 5 Existing Units: 9 Units Once Construction is Completed. Located in a Qualified Opportunity Zone. Delivered Shovel Ready for a 3 Story Duplex: 3,876 Total SQ. FT2 Story Duplex: 2,280 Total SQ. Ft. No Relocation Fees.Builders: Opportunity to build 4 Units RTI, while cash flowing from 5 Existing Units: 9 Units Once Construction is Completed. Located in a Qualified Opportunity Zone. Delivered Shovel Ready for a 3 Story Duplex: 3,876 Total SQ. FT2 Story Duplex: 2,280 Total SQ. Ft. No Relocation Fees.
  1. Listed by Jon Emrani • DRE #01427038 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 627 Echandia Street

Zoning
LARD1.5
Parcel Number
5174003015
Total Units
9.0
Living Area
4520
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
Vacancy Rate
1740
Lot Size Area
11626

Location

Listing Courtesy of Marcus & Millichap, Jon Emrani, DRE #01427038

Sold By eXp Realty of California Inc, Connie Kim, DRE #01354494

Add your commute
LISTING UPDATED: 07/27/2023 01:12 PM

Property Details for 627 Echandia Street

StatusSold
MLS #23-260037
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.27 AC / 11,626 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jon Emrani, DRE #01427038

Sold By eXp Realty of California Inc, Connie Kim, DRE #01354494

Add your commute

Building Information for 627 Echandia Street

Stories-Residences-Year Built1900Building Size-Lot Size0.27 AC / 11,626 SF

Payment Calculator

$6,679 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,689

Property Taxes

$990

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 627 Echandia Street

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $56,259
  • Net Operating Income: $28,353.00
  • Gross Income: $57,999
  • Gross Rent Multiplier: $19.40
  • Total Annual Expense: 27906
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2669
  • Lot Size Square Feet: 11626
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Hood Fan
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 04-13-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $807.70
  • Unit Actual Rent: $3,230.80
  • Unit Projected Rent: $8,384.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,804.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $7,608.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,096.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,192.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $392,700.00
  • Assessed Improvement Percent: 45.03
  • Assessed Land Value: $479,400.00
  • Assessed Land Percent: 54.97
  • Assessed Total Value: $872,100.00

Property History for 627 Echandia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 627 Echandia Street

Taxable ValueLand$488,988Additions$400,554Total$889,542
Tax Record2023$11,885 ($990 / month)
Home Facts
Total Finished SqFt4,519 SqFtAbove Grade Finished SqFt4,519 SqFtLot Size11,627 SqFtStyleQuadraplexYear Built1900ZoningLARD1.5CountyLOS ANGELESAPN5174-003-015

Schools near 627 Echandia Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bridge Street Elementary School
PublicK to 5

Hollenbeck Middle School
Public6 to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jon Emrani, DRE #01427038

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.