7408 Elsie Street, Los Angeles, CA 90001
Local realty services provided by:ERA Excel Realty
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 fantastic proximity to the Florence Metro A Line and numerous transit stops off of E Florence Ave, providing easy access to Downtown Los Angeles and neighboring communities such as Huntington Park, Walnut Park, Cudahy, South Gate and more. Contact the listing broker for additional information....
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Home facts
- Year built:1926
- Listing ID #:26988461
- Added:10 day(s) ago
- Updated:September 26, 2026 at 10:50 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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