CA > Los Angeles
Los Angeles, CA 90027,2050 Dracena Dr
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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
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$ 6,750,000
Est. payment /mo
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Active Under Contract

2050 Dracena Dr Los Angeles, CA 90027

2 Beds

20 Baths

11,240 SqFt

UPDATED:

11/02/2021 06:46 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 11,240 sqft

Price per Sqft $600

MLS Listing ID 21-794960

Bedrooms 2

Year Built 1924

Lot Size 10,390 Sqft

Acres 0.2385

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 Los Feliz

Zoning LAR3

Building

Story 2

Structure Type Concrete

Others

Special Listing Condition Standard

TheMLS (CLAW)
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Listed by Colliers International- Los Angeles