1900 Dracena DR, Los Angeles, CA 90027
1900 Dracena DR, Los Angeles, CA 90027
1900 Dracena DR, Los Angeles, CA 90027
17
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$3,225,000
Est. payment /mo
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14 Beds
14 Baths
7,442 SqFt
New

1900 Dracena DR Los Angeles, CA 90027

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,442 sqft

Price per Sqft $433

MLS Listing ID 26866033

Bedrooms 14

HOA Y/N No

Year Built 1965

Lot Size 6,590 Sqft

Property Description

We are pleased to present 1900 Dracena Drive, an eight-unit apartment community ideally located in the heart of Los Feliz, one of Los Angeles' most sought-after rental neighborhoods. Situated on the prominent corner of Dracena Drive and Franklin Avenue, the property offers exceptional curb appeal with classic mid-century architecture, mature landscaping, and an attractive street presence. Built in 1965, the property features an excellent unit mix of six (6) two-bedroom, two-bath apartments and two (2) one-bedroom, one-bath apartments, appealing to a broad tenant base seeking larger floor plans in a premier location. Several units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently there is one vacant two-bedroom, two-bath apartment unit. Recent improvements include a new electrical panel service panel and plumbing upgrades, providing investors with updated infrastructure improvements while offering additional value-add potential through continued interior renovations The property includes eight gated parking spaces, an on-site laundry facility, and additional storage which enhances tenant's convenience. Ideally positioned just moments from the vibrant Hillhurst Avenue and Vermont Avenue shopping and dining districts, residents enjoy immediate access to Los Feliz's renowned restaurants, cafes, boutiques, and entertainment. Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are all within minutes, making this an exceptionally desirable rental location with consistently strong demand.1900 Dracena Drive represents an outstanding opportunity to acquire an apartment asset in one of Los Angeles' most established and supply-constrained neighborhoods, offering stable in-place income with continued upside

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Covered, Uncovered

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5590013001

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by D. Timothy Byrne Compass #01186465

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1900 Dracena DR

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Herb Rim

Herb Rim

Realtor | License ID: 01870707

+1(818) 699-9179

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