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2516 Elsinore Street

Los Angeles (City), CA 90026
  • $1,988,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: WS26081717
UPDATED: 148 min ago
$1,988,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Tiffany Le of HAPPY HOME REALTY, INC (626-512-0864)


Description

This beautifully renovated 5-unit complex is located in a desirable prime Silver Lake neighborhood, nestled away from a short walk to Sunset Blvd. Residents also enjoy quick access to Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax, placing premier dining, nightlife, shopping, and cultural destinations within minutes. A rare opportunity to acquire a well-maintained and professionally managed property, and is ideal for investors seeking a well-located, income-producing asset and or owner-user looking for long-term growth potential. Operationally, this asset is highly efficient with a strong future upside. All units have separately metered gas and electricity, individual water heaters for each unit, washer and dryer hook-up and a history of well-vetted residents. This complex consists of a single family, 2-story homes that were built in 2009, featuring 4 bedrooms (it has 2 master suites), 3.5 baths, a den/family room and a spacious custom kitchen. In the rear of the single house are the 4 units, consisting of (2) 2-bedroom/1-bath, and (2) 1-bedroom/1-bath. There is a total of 6 parking spaces. All units are currently rented. Two of the four units have extensive improvements.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175657144
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2516 Elsinore Street Los Angeles (City), CA 90026

  • Price: $1,988,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 148 min ago
  • ID#: WS26081717
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1912
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
This beautifully renovated 5-unit complex is located in a desirable prime Silver Lake neighborhood, nestled away from a short walk to Sunset Blvd. Residents also enjoy quick access to Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax, placing premier dining, nightlife, shopping, and cultural destinations within minutes. A rare opportunity to acquire a well-maintained and professionally managed property, and is ideal for investors seeking a well-located, income-producing asset and or owner-user looking for long-term growth potential. Operationally, this asset is highly efficient with a strong future upside. All units have separately metered gas and electricity, individual water heaters for each unit, washer and dryer hook-up and a history of well-vetted residents. This complex consists of a single family, 2-story homes that were built in 2009, featuring 4 bedrooms (it has 2 master suites), 3.5 baths, a den/family room and a spacious custom kitchen. In the rear of the single house are the 4 units, consisting of (2) 2-bedroom/1-bath, and (2) 1-bedroom/1-bath. There is a total of 6 parking spaces. All units are currently rented. Two of the four units have extensive improvements.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Wrought Iron Lot Features Rectangular Lot Number Of Separate Electric Meters 5 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof ShingleTile Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Accessible Approach with Ramp Appliances DishwasherRefrigeratorWater Heater Common Walls 1 Common Wall Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileVinyl Heating Central Heating YN Yes Interior Features BalconyCeiling Fan(s)Granite CountersLaminate CountersMultiple StaircasesOpen FloorplanAll Bedrooms UpAll Bedrooms DownGalley KitchenWalk-In PantryWalk-In Closet(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Contingency None Current Financing None Electric Standard Fuel Expense 0 Garage YN No Gross Income 138851 Gross Scheduled Income 138530 Insurance Expense 4908 Land Lease YN No Laundry Features InsideLaundry ClosetIn KitchenLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Maintenance Expense 2717 Net Operating Income 102522 New Construction YN No New Taxes Expense 24975 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 36000 Pest Control Expense 175 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 11935 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Tiffany Le of HAPPY HOME REALTY, INC (626-512-0864)