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2516 Elsinore St, Los Angeles, CA, 90026

10beds
8baths
5,290sqft
$1,988,000
$376price/sqft
$13,480/moest. monthly cost
$539,200/yrincome needed

About This Home

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.

Getting Around

93
WalkingWalker's Paradise
58
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1912

Materials

  • Roof: Shingle,Tile

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Water Heater
  • Laundry features: Inside,Laundry Closet,In Kitchen,Laundry Room

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 8

Features

  • Balcony,Ceiling Fan(s),Granite Counters,Laminate Counters,Multiple Staircases,Open Floorplan,All Bedrooms Up,All Bedrooms Down,Galley Kitchen,Walk-In Pantry,Walk-In Closet(s)
  • Flooring: Tile,Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 5,290
  • Total interior livable area: 5,290 sqft

Other

  • Features: Walk-In Closet(s)

Pantry

  • Features: Walk-In Pantry

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 5402015016
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,146 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 6
  • Parking features: Assigned