Updated Jul 20, 2026
Josh Gorokhovsky Of Telos Properties Buys Single Family Home At 510 East 61st Street For $515,000
510 East 61st Street
$515,000
$722/SF
Building Size
713 SF
Asset Type
Single Family Residence
Closing
Jul 3, 2026
About this deal
AI
This single-family residence is located at 510 East 61st Street in Los Angeles. The property was sold for $515,000 and has a total size of 713 square feet, reflecting a price per square foot of $722.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $515,000
- Buyer: Josh Gorokhovsky - Telos Properties
- Seller: Rufus Jackson
Josh Gorokhovsky, representing Telos Properties, noted that this acquisition marks their fourth of 2026 and the thirty-first since 2017. Plans for the property include converting the existing single-family residence into a duplex and constructing two accessory dwelling units (ADUs) in the rear, resulting in a total of four units comprising twelve bedrooms and six bathrooms. The management of the project will be conducted in-house upon its completion.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
30.80%
Cash-on-Cash
-8.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93