Los Angeles, CA 90027,4214 Sunset Drive
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Los Angeles, CA 90027,4214 Sunset Drive
Los Angeles, CA 90027,4214 Sunset Drive
Los Angeles, CA 90027,4214 Sunset Drive
Los Angeles, CA 90027,4214 Sunset Drive
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4214 Sunset Drive Los Angeles, CA 90027

5,388 SqFt


UPDATED:

11/25/2024 08:10 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,388 sqft

Price per Sqft $408

MLS Listing ID CL24396177

HOA Y/N No

Year Built 1923

Lot Size 6,711 Sqft

Acres 0.15

Property Description

4214 Sunset Drive is an 8-unit courtyard apartment community located in the Los Feliz sub-market. The offering offers investors a unique opportunity to acquire a stable asset in a premier Los Angeles rental market with meaningful long-term capital appreciation. 4214 Sunset Drive is a quintessential courtyard apartment community that consists of eight units in three separate buildings in the red-hot Los Feliz submarket. The unit layout consists of four (4) 1-Bedroom/1-Bathroom units, three (3) larger 1-Bedroom/1-Bathroom units (at the rear of the property), and one (1) 2-Bedroom/2-Bathroom unit. Residents are welcomed to a quiet and open courtyard replete with mature landscaping. The common areas can be taken to a new level and provide an urban oasis. Current ownership has conducted a top-to-bottom remodel of one rear unit, creating a spacious two-bedroom apartment. Upgrades include new hardwood floors, updated kitchen and bathrooms, new stainless steel appliances, modern fixtures and lighting, designer tiles in the kitchen and bathroom, and an in-unit washer/dryer. The remodeled unit is a proven path to achieve strong rents when units turnover. Additionally, one unit will be delivered vacant at the close of escrow, allowing the new owner to achieve market rent. Los Feliz is a pre

Location

State CA

County Los Angeles

Area Listing

Zoning LAR2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5430031019


Bridge MLS
Listed by Nick Astrupgaard • KW Commercial Studio City
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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4214 Sunset Drive