Date
Details
Price
Change
Source
9/15/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$700,000
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Property Description
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.
Full Property Details
Full Property Details for 7408 Elsie St
General
- Price: $700,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26988461
- Updated: 9/15/2026
- Added to Site: 24 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Other
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Metropolitan South
- County: Los Angeles
- Driving Directions: Google Maps: 7408 Elsie St Los Angeles CA 90001
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Common Walls: Attached
- Stories/Levels: 1
- Square Feet: 1,264
- Sq. Ft. Source: Assessor
- Year Built: 1926
- Year Built Source: Assessor
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
Unit 3
- Total Bathrooms: 1
Unit 4
- Total Bathrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1084
- Lot Size: 4720
- Lot Size Source: Assessor
- Lot Dimensions: 38 x 117
- Alley: Yes
- Lot Features: Alley Access, Corner Lot
- Zoning: LCR3*
- Lot Description: Single Lot
Financial Considerations
- Price Per Sq. Ft.: $553.8
- Assessment Year: 1926
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 6024-019-046
Listed by Kidder Mathews of California, Inc., Casey Lins and Kidder Mathews of California, Inc, Vincent Cook
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 7408 Elsie St —
Casey Lins
Kidder Mathews of California, Inc.
Vincent Cook
Kidder Mathews of California, Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7408 Elsie St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wisdom Elementary School 1125 East 74th Street, Los Angeles, CA 90001 | PK-6 | 0.3 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.8 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.8 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.8 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.8 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.1 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7408 Elsie St
Estimate the Cost
Estimate the Cost for 7408 Elsie St
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,362Sq. Ft.
- Commercial
- Active
- Updated 2 hours ago
- 3,042Sq. Ft.
- 0.2113Acres
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 787Sq. Ft.
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7408 Elsie St, Los Angeles, CA 90001 (MLS# 26988461) is a Multi-Family property with units containing 2 bedrooms and 0 full bathrooms. 7408 Elsie St is currently listed for $700,000 and was received on September 15, 2026. Want to learn more about 7408 Elsie St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.