7408 Elsie Street, Los Angeles, CA 90001

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7408 Elsie Street,Los Angeles, CA 90001
$750,000
  • 2 Beds
  • 6 Baths
  • 1,264 sq. ft.
  • Multi-family
  • Active
Listed by:william james
Office:lyon stahl investment real estate, inc.
MLS#:25548595
Source:CRMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$593.35

About this home

7408 Elsie St is an exceptional opportunity to acquire a 5-unit property in a strong rental market with immediate upside. Priced at just $150,000 per unit, this investment offers a compelling 7.42% Cap Rate and 8.24 GRM. Three of the five units will be delivered vacant, providing flexibility for owner-users or investors seeking to renovate and achieve market rents. Situated on a large lot with room to build multiple ADUs (buyer to verify), the property presents significant value-add potential. Ideal for savvy investors looking to capitalize on strong in-place income with additional upside through ADU development and unit turnover. Don't miss this rare chance to purchase a low-entry-cost multifamily asset with multiple paths to increased returns.

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Home facts

  • Year built:1926
  • Listing Id #:25548595
  • Added:70 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:6
  • Living area:1,264 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1926
  • Building area:1,264 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$593.35
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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