Listed by Jared Warren - DRE #02116449 - Colliers International- Los Angeles 213-627-1214
$6,750,000 affordable loan icon Calculate Payment

2050 Dracena Drive Los Angeles, CA 90027

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General Commercial Residence
Beds
Baths
11,240 Sq. Ft.
0.24 Acre Lot

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Last updated on 11/29/2024 3:32 PM
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, an...d 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. Continue reading
MLS#
21794960
Property Type
General Commercial
Status
Active Under Contract
Year Built
1924
Square Feet
11,240 sq. ft
Lot Size
0.24

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Listed by Jared Warren - DRE #02116449 - Colliers International- Los Angeles 213-627-1214
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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