John E Burge

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2516 Elsinore StreetLos Angeles, CA 90026

Multi-Family · 5,290 Sq. ft. | 0.16 Acres
$1,988,000 Active

2516 Elsinore Street Overview

Time on Site:
69 days
Visits:
0

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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2516 Elsinore Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,290
  • Price/Sq.ft. $376
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gardener Expense: 1625.0
  • Gross Income: 138851.0
  • Gross Scheduled Income: 138530.0
  • Insurance Expense: 4908.0
  • Maintenance Expense: 2717.0
  • Net Operating Income: 102522.0
  • New Taxes Expense: 24975.0
  • Operating Expense: 36000.0
  • Water Sewer Expense: 11935.0

Listing Information

  • Contingency: None

Building Information

  • New Construction: No
  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C21 - Silver Lake - Echo Park
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 5402015016
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 5290.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Dishwasher,Refrigerator,Water Heater
  • Common Walls: 1 Common Wall
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile,Vinyl
  • Interior 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)
  • Laundry Features: Inside,Laundry Closet,In Kitchen,Laundry Room
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.164
  • Lot Size Area: 7146.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7146.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes
    • Roof: Shingle,Tile

    General Information

    • Fencing: Wrought Iron
    • Number Of Units Total: 5
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

    2516 Elsinore Street Neighborhood

    Community

    90026 (LOS ANGELES) Demographics

    35
    Median Age
    15,700
    Population Density (per sq. mile)
    47%
    College Educated
    $67,435
    Estimated Median Income
    6,392
    Estimated Total Home Owners
    20,415
    Estimated Total Renters
    24% / 76%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2516 Elsinore Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2516 Elsinore Street Market Data

    Based on the last 30 days in this zip code

    $1,468,395
    Average List Price
    $874
    Average Price per Square Foot
    37
    Properties Sold
    41
    Average Days on Market
    297
    Properties for Sale
    Calculations provided by Reliance Network

    2516 Elsinore Street History

    Date Event Value Agent
    4/22/2026Source: CRMLS Added to Database
    April 22, 2026
    Listing provided courtesy of HAPPY HOME REALTY, INCTIFFANY LE- MLS# WS26081717MLS ProviderContact Information: [email protected] - 626-512-0864
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