MidCenturyModern

2050 Rodney Drive

Los Angeles , CA 90027

MLS#: 25583881

$5,295,000

Status: Active
Listing number: 25583881
Listing provided by: Keller Williams Studio City
Listing agent phone: None
Last update: 6 days ago
On site: 7 days ago
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Property

Beds

27

Full Baths

None

1/2 Baths

None

Year Built

1961

Sq.Footage

13,982

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.

Features & Amenities

Interior

  • Total Bedrooms

    27

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Attached, Attached Carport, Detached Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4295

  • Property Type

    Residential Income

  • Architectural Style

    MidCenturyModern

Price

  • Sales Price

    $5,295,000

  • Sq. Footage

    13, 982

  • Price/SqFt

    $378

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

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Listing Courtesy of Jessica Barouch , Keller Williams Studio City

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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.

2050 Rodney Drive

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