$6,750,000
2050 Dracena Drive, Los Angeles 90027
10,390
Lot Size
Listing Agent
Jared Warren - Colliers International- Los AngelesA classic Spanish Revival building, 2050 Dracena Drive brings a unique opportunity. The 20-unit multifamily building is located on a large, 11,240 SF lot at the center of Los Feliz, near a multitude of local restaurants and shopping including Albertsons, Blue Bottle Coffee, Cafe Los Feliz, Freds, and Alcove Cafe. The property is master metered, allowing annual 5% rent increases. The unique layouts of the units provide tenants with ample storage space, with some units featuring a walk in closet, den, and large pantry. The entire building boasts original hardwood floors, individual AC units, open living space, full designer bath and modern kitchen with butcher block counter tops. Griffith Park, Silver Lake Reservoir, and Hollywood surround the property on each side, providing residents the ultimate East LA location.
Facts & Features
MLS® # | 21794960 |
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Price | $6,750,000 |
Bathrooms | 0.00 |
Lot Size | 10,390 |
Year Built | 1924 |
Type | Commercial Sale |
Status | Active Under Contract |
# Of Units | 20 |
Community Information
Address | 2050 Dracena Drive |
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Area | 637 - Los Feliz |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90027 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Has Basement | No |
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Fireplace | No |
# of Stories | 2 |
Exterior
Exterior | Concrete |
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Construction | Concrete |
Additional Information
Date Listed | July 28th, 2021 |
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Days on Market | 1010 |
Zoning | LAR3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Jared Warren |
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Office | Colliers International- Los Angeles |