$1,988,000
2516 Elsinore Street, Los Angeles CA 90026
Multi-Family (5 Units)
Property type
44 days
On market
$376
Price per sqft
0 cars
Garage
1912
Year built
7,146 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: TIFFANY LE DRE #01963022 626-512-0864, HAPPY HOME REALTY, INC
Listing updated: Apr 24, 2026 at 06:29pm.
Last checked: Jun 4, 2026 at 07:01pm
Source: CRMLS #WS26081717
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,343 | $1,343 | $2,700 | Unfurnished |
| 1 | 2 | 1 | — | $1,139 | $1,139 | $2,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,832 | $1,832 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,013 | $1,013 | $2,000 | Unfurnished |
| 1 | 4 | 4 | — | $6,450 | $6,450 | $6,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Dishwasher: 5
Refrigerator: 5
Rent Control: Yes
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
14.4x
List Price / Annual Gross Rent
Cap Rate
5.16%
NOI / List Price
Gross Scheduled Income: $138,530
Operating Expense: $36,000
Net Operating Income: $102,522
Annual Operating Expenses
Gardener: $1,625
Fuel: $0
Insurance: $4,908
Maintenance: $2,717
New Taxes: $24,975
Pest Control: $175
Professional Management: $11,104
Trash: $0
Water / Sewer: $11,935
Interior
Interior Features: Balcony, Ceiling Fans, Granite Counters, Laminate Counters, Multiple Staircases, Open Floor Plan, All Bedrooms Up, All Bedrooms Down, Galley Kitchen, Walk-in Pantry, Walk-in Closets
Room Type: Bedroom, Den, Entry Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry
Flooring: Tile, Vinyl
Cooling: Central Air, Wall Window Units
Heating: Central
Appliances: Dishwasher, Refrigerator, Water Heater
Fireplace: None
Laundry: Inside, Laundry Closet, In Kitchen, Laundry Room
Accessibility: Accessible Approach With Ramp
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Shingle, Tile
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5402015016
Additional Parcels: No
Tax Lot: 15
Tax Block: A
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 2516 Elsinore Street, Los Angeles, CA 90026. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,590,400
Total Interest
$2,028,468
Total Payment
$3,618,868
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,273
per month
Property History for 2516 Elsinore Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90026.
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