About 2050 Dracena Drive
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.
Features of 2050 Dracena Drive
| MLS® # | 21794960 |
|---|---|
| Price | $6,750,000 |
| Bathrooms | 0.00 |
| Acres | 0.24 |
| Year Built | 1924 |
| Type | Commercial Sale |
| Status | Active Under Contract |
Community Information
| Address | 2050 Dracena Drive |
|---|---|
| Area | 637 - Los Feliz |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90027 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Concrete |
|---|---|
| Construction | Concrete |
Additional Information
| Date Listed | July 28th, 2021 |
|---|---|
| Days on Market | 1871 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jared Warren |
|---|---|
| Office | Colliers International- Los Angeles |