2537 Elsinore Street, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

2537 Elsinore Street, Los Angeles, California 90026 home-pic-0
ACTIVE$1,199,999
2537 Elsinore Street, Los Angeles, California 90026
0Bed
0Bath
2,208Sqft
6,465Lot
Year Built
1914
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$543
HOA
-
Days on market
-
Sold On
-
MLS number
GD25042010
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.20M(73th), sqft - 2208(45th), beds - undefined(50th), baths - undefined(50th).

Three units for sale with one unit delivered vacant! Fantastic Owner/Investor Opportunity in Prime Silver Lake! The front duplex consists of two units: one 1-bedroom, 1-bathroom unit, which will be delivered vacant, and a tenant-occupied 3-bedroom, 1.5-bathroom unit. The detached back house features 1 bedroom, 1 bathroom, and 1 dedicated parking space. The property includes three separate gas meters and three separate electrical meters, ensuring ease of management and independent utility billing for each unit. Located in one of LA’s hottest neighborhoods, this trophy triplex is situated in prime Silver Lake, just above Sunset Blvd and within walking distance to the area's best cafes, restaurants, and attractions. Renowned for its vibrant and diverse community, Silver Lake is where creativity thrives, offering a unique charm that captivates both longtime residents and newcomers alike. The property is comprised of a duplex (side by side) in the front and a detached single-family home in the back, providing incredible flexibility for various living and investment opportunities. As you arrive, you’ll immediately notice the privacy, peace, tranquility, and outstanding curb appeal that set this property apart. Best of all, it features a secluded and charming front porch—perfect for morning coffee, gardening, entertaining, weekend gatherings, or a sunny retreat for pets. This is a superb opportunity for an owner/user to live in one unit while renting out the others, or for a first-time or seasoned investor looking to add a highly desirable asset to their portfolio. Enjoy the best of LA living with close proximity to the Silver Lake Reservoir, Echo Park Lake, Downtown LA, top-tier restaurants, cafes, and convenient freeway access. Don't miss this rare and fantastic investment opportunity!

Nearby schools

2/10
Mayberry Street Elementary School
Public,K-60.3mi
5/10
Micheltorena Street Elementary School
Public,K-50.6mi
5/10
Rosemont Avenue Elementary School
Public,K-50.6mi
8/10
Clifford Street Elementary School
Public,K-60.9mi
/10
Lake Street Primary School
Public,K-10.9mi
4/10
Betty Plasencia Elementary School
Public,K-61.3mi
3/10
Elysian Heights Elementary School
Public,K-61.3mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,K-61.7mi
8/10
Allesandro Elementary School
Public,K-61.7mi
7/10
Dorris Place Elementary School
Public,K-61.9mi
6/10
Castelar Street Elementary School
Public,K-52.1mi
7/10
Solano Avenue Elementary School
Public,K-62.2mi
2/10
Logan Street Elementary School
Public,K-80.7mi
6/10
Thomas Starr King Middle School
Public,6-81.2mi
5/10
Virgil Middle School
Public,6-81.4mi
3/10
Sal Castro Middle School
Public,6-81.4mi
5/10
Florence Nightingale Middle School
Public,6-82.9mi
6/10
Irving STEAM Magnet
Public,6-83.0mi
3/10
Belmont Senior High School
Public,9-121.4mi
8/10
John Marshall Senior High School
Public,9-121.9mi

Price History

Date
Event
Price
09/20/24
Sold
$700,000
Condition Rating
Fair

The property was built in 1914. The images show that the kitchens and bathrooms are aged and have not been recently renovated. While the property appears to be maintained, it requires updates to meet modern standards. The appliances and fixtures are outdated, suggesting a renovation timeline of over 15 years ago.
Pros & Cons

Pros

Prime Location: Located in highly desirable Silver Lake, near Sunset Blvd, offering convenient access to cafes, restaurants, and attractions.
Income Potential: Triplex with one unit delivered vacant, providing immediate rental income and owner-occupancy options.
Separate Utilities: Features three separate gas and electrical meters, simplifying management and billing for each unit.

Cons

Age of Property: Built in 1914, the property may require ongoing maintenance and potential upgrades due to its age.
Tenant Occupancy: One unit is tenant-occupied, which may present challenges for immediate renovations or changes in rental strategy.

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