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7408 ELSIE Street, Los Angeles, California

$475,000Active

7408 ELSIE Street, Los Angeles, California 90001
Keith Moret~Keller Williams Beach Cities - MLS® ID: 17251936

Property Details

7408 ELSIE Street, Los Angeles, California 90001 - 5 units- Non-rent control in Firestone -Florence neighborhood of LA County.This is a rare opportunity to acquire non rent control units for under $95k per door! It has a low GRM of 10.84 and cap rate of 5.62% -with upside.The property has a 2BR/2BA home on Elsie Street that would be perfect for owner/user and 4 small bachelor units with bathrooms and cooking facilities for solid income. There is an un-paved area included as part of this property that can be converted to parking for additional income located on Parmelee. This could be an excellent re-hab development play-check with LA County for zoning. Close to El Superior super-market, Roosevelt Park and LA Metro blueline station.Take advantage of this outstanding, value-add investment

Amenities

  • Zip90001
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLCR3*
  • Year built1926
  • Lot size4718.0000
  • CoolingNone
  • ParkingOff Site
  • Office IDCLW-X73550
  • Agent IDCLW-X91371
  • Agent nameKeith Moret
  • MLS® ID17251936

Broker: Keith Moret~Keller Williams Beach Cities

Listing Courtesy of Keith Moret~Keller Williams Beach Cities

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