Closed Listing
20 Units in Los Feliz @ 98% of Listed Price
2050 dracena
sold in
Los Feliz
Sold At
$
4,250,000
20
Number of Units
1924
Year Built
11,240
SF
Square Footage
10,454
SF
Lot Size
N/A
Zoning
2050 Dracena Dr, Los Feliz, CA 90027
About the Property
20-Units Two Blocks from Popular Los Feliz Village! The charming Spanish-style building circa 1924, features bright and spacious units. Opportunity to increase rents by 5% annually. One block from bustling Hillhurst/Ambrose restaurants & shops. Griffith Park entrance is one mile north, Sunset/Vermont Metro Station is one mile south. The unit mix includes (4) one-bedroom, one-bathroom apartments and (16) large studios.
20
Number of Units
1924
Year Built
11,240
SF
Square Footage
10,454
SF
Lot Size
N/A
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$212,500
Price p/ Sq. ft.
$378
Proforma Cap Rate
3.73%
Contact
Sales agent
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