7408 Elsie Street, Los Angeles, CA 90001

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
7408 Elsie Street,Los Angeles, CA 90001
$700,000
  • 2 Beds
  • 5 Baths
  • 1,264 sq. ft.
  • Multi-family
  • Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.858-369-3010
MLS#:26988461
Source:CRMLS

Price summary

  • Price:$700,000
  • Price per sq. ft.:$553.8

About this home

We are pleased to present 7408 Elsie St, a 5-unit building located in South Los Angeles, offered at a 7.41 GRM and an 8.12% CAP on actual rents, with upside potential to achieve a 7.29 GRM and an 8.33% CAP with market rents. The property is comprised of one, single-story building consisting of a total of 1,264 RSF. Built in 1926, the property sits on a low coverage 4,720 SF LCR3 zoned corner lot with street access on three sides, allowing for a fully parked property with great ingress/egress which may allow for the flexibility of adding ADU(s) while retaining uncovered parking. The unit mix features one (1) two-bedroom one-bathroom unit and four (4) studio units. One studio unit and the two-bedroom unit will be delivered VACANT, and 3 out of 5 units have been renovated. Located between E 75th St and E Florence Ave, nearby Franklin D. Roosevelt Park, Leon H Washington Park, Parmelee Avenue Elementary School, Edison Middle School and Miramonte Elementary School, this location offers...

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Home facts

  • Year built:1926
  • Listing ID #:26988461
  • Added:9 day(s) ago
  • Updated:September 25, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:5
  • Living area:1,264 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

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

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$553.8

Parking

  • Total parking spaces:5
  • Parking description:Uncovered
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