7408 Elsie Street, Los Angeles, CA 90001

Local realty services provided by:ERA North Orange County Real Estate
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:118 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

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

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

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
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