CA > Los Angeles
Los Angeles, CA 90001,7408 Elsie St
Los Angeles, CA 90001,7408 Elsie St
Los Angeles, CA 90001,7408 Elsie St
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$750,000
Est. payment /mo
2 Beds
6 Baths
1,264 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,264 sqft

Price per Sqft $593

MLS Listing ID 25548595

Bedrooms 2

Year Built 1926

Lot Size 4,720 Sqft

Acres 0.1084

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LCR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Range/Oven, Refrigerator

Laundry None

Exterior

Parking Features Driveway

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Alley Paved, Single Lot, Back Yard

Story 1

Water Public

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

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