2050 Dracena Dr | Los Angeles, CA 90027
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- LoopNet Team
2050 Dracena Dr
Los Angeles, CA 90027
Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Priced at $337,500 per unit at a 4.31 cap rate
- Upgraded with new electrical, copper plumbing, exterior paint, landscaping, and modern fixtures
- Favorably located one block from bustling Hillhurst/Ambrose restaurants & shops, including Albertsons, Blue Bottle Coffee, Messhall Kitchen, and Alc
- 20-Unit Spanish Revival apartment building situated on a large, 11,240 SF double lot just steps to Los Feliz Village
- Sunset / Vermont Metro Station one mile south provides superior accessibility to the Greater Los Angeles Area
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 11,240 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | LAR3 - Limited Density Multiple Residence | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 11,240 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LAR3 - Limited Density Multiple Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Den
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Picnic Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 5590-006-006 | Improvements Assessment | $1,777,523 |
| Land Assessment | $5,306,040 | Total Assessment | $7,083,563 |
PROPERTY TAXES
Parcel Number
5590-006-006
Land Assessment
$5,306,040
Improvements Assessment
$1,777,523
Total Assessment
$7,083,563
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