7408 Elsie St - Apartments FOR SALE


Los Angeles, CA 90001
$900,000 USD
310-729-1559
7408 Elsie St, Los Angeles, CA for Sale
$900,000 USD
Apartments - FOR SALE
1/2
null | 6.67% Cap Rate

7408 Elsie St
Los Angeles, CA 90001


HIGHLIGHTS

  • Building is 100% occupied.
  • Improvements consist of a 1,264 square building on a 4,718 square foot lot.
  • Cornet lot with high visibility.

OVERVIEW

The subject property is a 5 unit apartment building located in the South Los Angeles submarket, south of Florence Ave and east of Hooper. The one story structure is wood frame stucco. The zoning for the lot is LCR3. The building was built in 1926 and the units are subject to LARSO with utilities separately metered. The unit mix consists of (4) Single/1 Bath and (1) 2 Bed/1Bath units. The improvements consist of a 1,264 square building on a 4,718 square foot lot.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$712 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

6.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,718 SF

ZONING

LCR3

APN/PARCEL ID

6024-019-046

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.