2050 Rodney Drive, Los Angeles, CA 90027

$5,099,000
27
BD
27
BA
13,982
SqFt

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List Price
$5,099,000
Price Change
▼ $96,000 1773356335
Status
ACTIVE UNDER CONTRACT
MLS#
25583881
Year Built
1961
Bedrooms
27
Bathrooms
27
Living Sq. Ft
13,982
Lot Size
18,708
Acres
0.43
Days on Market
325
Property Type
Multifamily
Style
Mid-Century Modern
Stories
Multi Level

Property Description

Amazing Seller Financing Available. 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.

Additional Information

Appliances
Refrigerator
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Attached
Number Of Units Total
16

Listing courtesy of Listing Agent: Jessica Barouch (jbarouch@hotmail.com) from Listing Office: Keller Williams Studio City.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.