2050 Dracena DR, Los Angeles, CA 90027
2050 Dracena DR, Los Angeles, CA 90027
2050 Dracena DR, Los Angeles, CA 90027
2050 Dracena DR, Los Angeles, CA 90027
2050 Dracena DR, Los Angeles, CA 90027
2050 Dracena DR, Los Angeles, CA 90027
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Rocio Valenzula

Rocio Valenzula

+1(909) 851-3846
$ 6,750,000
Est. payment | /mo

10,389 Sqft Lot

Save
$ 6,750,000
Est. payment | /mo
Save

10,389 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 21794960

HOA Y/N No

Year Built 1924

Lot Size 10,389 Sqft

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 637 - Los Feliz

Zoning LAR3

Interior

Fireplace No

Building

Story 2

Others

Tax ID 5590006006

Security Features Key Card Entry

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jared Warren Colliers International- Los Angeles #02116449

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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2050 Dracena DR