Tour
More
1 / 9
2 / 9
3 / 9
5544 E Echo Street, Los Angeles, CA 90042
6
beds
5
baths
3437
ft2
· 5251
ft2 lot
$1,375,000
$400 / ft2
Listing provided courtesy of Steve Kwon, Keller Williams Realty.
Source CRMLS.
This 5 unit income property is centrally located in the demanding area of Highland Park. It features 3 individual units plus a separate one car garage. The front building has 3 units and behind it sits 2 individual bungalow style studios with its own yard. Three of the units have its own laundry hookups. It is fully occupied.
HOA
$—/month
On market
7 months
Year built
1923
Property type
Multi-Family
Parking
1
MLS
AR20225762
Price / Sq.Ft.
$400 / ft2
Status
Active
Tour this home
Request a free tour of this home
Tuesday
18
May
Wednesday
19
May
Thursday
20
May
Friday
21
May
Saturday
22
May
Sunday
23
May
Monday
24
May
Tuesday
25
May
Wednesday
26
May
Thursday
27
May
Friday
28
May
Saturday
29
May
Sunday
30
May
Monday
31
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $1,375,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$267/day
$0
Best
Flyhomes Guaranteed Offer
$6,875
- -
$6,875
Better
Discount Brokerage
$5,138
not offered
$5,138
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Gas Dryer Hookup, Washer Hookup
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 3437.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 1.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Zoning: LARD2
•   
Lot Features: Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1205
•   
Lot Size Area: 5251.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 4
•   
Total Units: 5
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 2100.00
•   
Licenses Expense: 410.00
•   
Maintenance Expense: 1200.00
•   
Cap Rate: 4.78
•   
Total Actual Rent: 93984.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 900.00
•   
New Taxes Expense: 17524.00
•   
Insurance Expense: 2100.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 27714.00
•   
Gross Scheduled Income: 93984.00
•   
Operating Expense: 27714.00
•   
Gardener Expense: 480.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 93984.00
•   
Tax Year: 2020
•   
Taxes: 8421.0
Lease Info
•   
Net Operating Income: 66270.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 3000.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1152.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1152.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2500.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 2500.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2000.00
•   
Unit 1 Total Rent: 2000.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1145.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1145.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
Unit 5 Information
•   
Unit 5 Actual Rent: 1035.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1035.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
Multi Unit Information
•   
# Of Units: 5
•   
Number Of Units Leased: 5
School Neighborhood & Directions
Location
•   
Community Features: Curbs
•   
Directions: between S Ave. 56 and Roselawn Pl
Other
Calculation
•   
Dom: 2
•   
Cdom: 2
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 17, 2021 4:25pm
Neighborhood snapshot
94
Properties for sale
12
Median days on market
$636.15
Median sold price/sqft
106.11%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
04/12/2021
04/12/2021
Public Record
sold
Public Record
$1,343,000
--2.33%
10/26/2020
10/26/2020
CRMLS #AR20225762
active
CRMLS #AR20225762
$1,375,000
+147.75%
10/14/2011
10/14/2011
Public Record
sold
Public Record
$555,000
--5.93%
05/14/2007
05/14/2007
Public Record
sold
Public Record
$590,000
+31.11%
09/15/2004
09/15/2004
Public Record
sold
Public Record
$450,000
+143.24%
See more property history
Nearby Similar Homes
street view
$1,499,000
4741 N Figueroa Street
Los Angeles, CA 90042
6 bed
6 bath
3380
 ft²
 · 
11565
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021