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$ 6,750,000
Est. payment /mo
Pending
2050 Dracena Drive Los Angeles, CA 90027
11,240 SqFt
UPDATED:
11/12/2024 11:11 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 11,240 sqft
Price per Sqft $600
MLS Listing ID CL21794960
HOA Y/N No
Year Built 1924
Lot Size 10,390 Sqft
Acres 0.24
Property Description
A 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.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5590006006
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Listed by Jared Warren • Colliers International- Los Angeles