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$ 5,195,000
Est. payment /mo
Active
2050 Rodney Drive Los Angeles, CA 90027
13,982 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,982 sqft
Price per Sqft $371
MLS Listing ID CL25583881
HOA Y/N No
Year Built 1961
Lot Size 0.429 Acres
Acres 0.43
Property Sub-Type Other
Property Description
Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 5590007032
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Listed by Jessica Barouch • Keller Williams Studio City