7408 Elsie Street
Los Angeles, CA 90001
2
Bed
5
Bath
1,264Sqft
4,720Sqft(Lot)
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 7
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 5 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1926Building Area Total: 1264Stories: 1Private Pool: No
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Lot Information
Lot Dimensions: 38x117 Main Square Feet: 4720 Lot Size Acres: 0.1084 Lot Size Source: Assessor Lot Size Square Feet: 4,720
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Listing Price Information
Listing Price: $700000
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Tax Information
Parcel Number: 6024019046
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Virtual Tour
Parking Information
Parking Total: 5 Uncovered
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Location Information
Direction: Google Maps: 7408 Elsie St Los Angeles CA 90001
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7500 Crockett, Los Angeles, CA, 90001 | $449,999 | 2 | 1 | 566 | 2,395 Sq. Ft |
| 6208 Holmes, Los Angeles, CA, 90001 | $750,000 | 2 | 1 | 768 | 6,750 Sq. Ft |
| 6525 Holmes Avenue, Los Angeles, CA, 90001 | $899,000 | 3 | 3 | 3,347 | 7,545 Sq. Ft |
| 7828 Bell, Los Angeles, CA, 90001 | $475,000 | 2 | 1 | 760 | 1,805 Sq. Ft |
| 1703 E 67th Street, Los Angeles, CA, 90001 | $1,299,000 | 10 | 5 | 3,273 | 5,949 Sq. Ft |
| 1914 Firestone, Los Angeles, CA, 90001 | $399,000 | 1 | 1 | 528 | 3,938 Sq. Ft |
| 6101 Compton Avenue, Los Angeles, CA, 90001 | $1,450,000 | 7 | -- | 7,350 | 6,608 Sq. Ft |
| 1433 E 61st Street, Los Angeles, CA, 90001 | $1,000,000 | 8 | 8 | 4,456 | 6,957 Sq. Ft |
| 1503 E Gage Avenue, Los Angeles, CA, 90001 | $599,999 | 3 | 3 | 1,412 | 2,366 Sq. Ft |
| 6905 Compton, Los Angeles, CA, 90001 | $690,000 | 3 | 3 | -- | 2,314 Sq. Ft |
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ByOwner last updated this listing 09/19/2026 @ 02:06
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