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5-Unit Apartment Building
For Sale
$1,988,000

2516 Elsinore Street, Los Angeles, CA 90026

Multifamily property with separately metered utilities, individual water heaters, and varied residential layouts.

Property Size5,290 SF
Days on Market117

Property Features for 2516 Elsinore Street

General Information

Standard status Active
Size 5,290 SF
Total Parking Spaces 6
Property subtype Apartment
Occupancy 100%

Units

Unit Mix 1 x 4BR/3.5BA, 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 5

Additional Details

Utilities to Site Yes

Amenities

washer and dryer hook-up

Building Details

Building Size 5,290 SF
Year Built 1912
Listing Agency: HAPPY HOME REALTY, INC
Listed By: TIFFANY LE · License #01963022
Source: Velocityrealtysd
Added: Apr 22 Changed: Aug 14 Last Checked: Aug 15 at 11:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HAPPY HOME REALTY, INC

Investment Insights

Based on property information with market context.

This 5-unit apartment property combines a two-story single-family residence with four additional units. The main residence includes 4 bedrooms, 2 master suites, 3.5 baths, a den or family room, and a custom kitchen. The secondary units comprise two 2-bedroom/1-bath layouts and two 1-bedroom/1-bath layouts. Two of the four additional units have received extensive improvements.

Each unit has separately metered gas and electricity, along with an individual water heater. Washer and dryer hookups are provided, and the property includes 6 parking spaces. All units are currently rented. The property is located at 2516 Elsinore Street in Los Angeles, near Sunset Blvd. and within convenient reach of Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax.

Key Highlights

  • 5‑unit configuration with a two‑story single‑family residence and four additional units
  • Main residence includes 4 bedrooms, 2 master suites, 3.5 baths, den or family room, and custom kitchen
  • Unit mix includes two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,077
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with separately metered utilities, individual water heaters, and varied residential layouts.
Where is this apartment building located?
The property is located at 2516 Elsinore Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: 5‑unit configuration with a two‑story single‑family residence and four additional units; Main residence includes 4 bedrooms, 2 master suites, 3.5 baths, den or family room, and custom kitchen; Unit mix includes two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units
More about this property
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