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.
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Listing Snapshot
Price
$6,750,000
Days On Site
816 Days
Bedrooms
N/A
Inside Area (SqFt)
11,240 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2385 Acres
Year Built
1924
MLS® Number
21794960
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 months ago
Listing updated with changes from the MLS®
2 years ago
Listing first seen on site
General Features
Acres
0.2385
Number Of Stories
2
Security
Key Card Entry
Special Circumstances
Standard
SqFt Total
11240
Zoning
LAR3
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Exterior Features
Construction Details
Concrete
Community Features
MLS Area
637 - Los Feliz
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