7408 Elsie Street

Estimated Monthly Payment: $3,603/mo 7408 Elsie Street, Los Angeles, CA 90001 MLS# 20547396 Residential Income Listing Status: Active Under Contract


Just off the major cross streets of Florence Avenue and Compton Avenue in the Florence-Graham neighborhood of South Los Angeles, we are selling three apartment buildings, totaling 14 units. The owner will sell 1115 E 7th Street with either or both 7408 Elsie Street and 7317 Parmelee Avenue. The unit mix is a balanced mix of Studio's, One-Bedrooms, Two-Bedrooms and Three-Bedrooms. All these buildings are located on quiet streets within this sub-market of Los Angeles and offer an investor unparalleled cash-flow moving forward. All three properties, totaling 14 units, are located within two blocks of each other for ease of management moving forward. -7408 Elsie Street: *(1) Three-Bedroom/One-Bath House + (4) Studios *Ample Parking in the Back of the Property * Landlord Pays All Utilities * All Tenants are Section 8 *Nearly 11% Cash on Cash Return with 30% Down Payment


Residential Income
Active Under Contract
C37 - Metropolitan South




Broker Reciprocity Courtesy of Matthews Real Estate Investment Services, David Harrington


Data last updated 12:33:54 AM, 02/23/2020


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