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Residential Income - 2516 Elsinore Street, Los Angeles, CA

$1,988,000

2516 Elsinore Street, Los Angeles, CA

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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.

Property details

Year built
1912
Property type
Residential Income
Lot size
7,146 sqft

Location

2516 Elsinore Street • Los Angeles, CA 90026

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Listed by

TIFFANY LE · HAPPY HOME REALTY, INC

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