1900 Dracena Drive, Los Angeles, CA, 90027

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$3,225,000
52 Days On Site

1900 Dracena Drive
Los Angeles, CA 90027

For Sale|Residential Income|Active
14
Beds
14
Total Baths
7,442
SqFt
$433
/SqFt
1965
Built
County:
Los Angeles
Listed by D. Timothy Byrne of Compass tim.byrne@compass.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1900 Dracena Drive1900 Dracena Drive1900 Dracena Drive1900 Dracena Drive
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Monthly Payment (Est.)

$14,714
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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. The units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently the property is 100% occupied. Recent improvements include a new unit electrical subpanel and service panel with plumbing and roof 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

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Listing Snapshot
Price 
$3,225,000
Days On Site 
52 Days
Bedrooms 
14
Inside Area (SqFt) 
7,442 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1513 Acres
Year Built 
1965
MLS® Number 
26866033
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1513
Levels 
Two
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
7442
Zoning 
LAR2
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
637 - Los Feliz


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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