Properties
Los Angeles, CA 90027 2050 Rodney Drive
$5,099,000
Presented By: Jessica Barouch with Keller Williams Studio City;
Beds • 27
Baths • 22
SQFT • 13,982
Home Details
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.
Presented By: Jessica Barouch with Keller Williams Studio City;
Interior Features for 2050 Rodney Drive
Bedrooms
Total Bedrooms27
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths27
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Total Stories2
General for 2050 Rodney Drive
AppliancesRefrigerator
Architectural StyleMid-Century Modern
Attached Garage Yes
Buyer FinancingSeller Financing
Cap Rate5
Carport Y/NYes
CityLos Angeles
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsBetween Los Feliz Blvd and Franklin, East of Vermont ave and West of Hillhurst ave. A few blocks away from Los Feliz Village.
Expected Active Date 2025-09-03
Full Baths
Gross Income410000
HOANo
LevelsMulti/Split
Living Area13982
Lot Size Square Feet18708
Lot Size UnitsSquare Feet
MLS Area637 - Los Feliz
Net Operating Income250000
New ConstructionNo
Number Of Units Total16
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
Year Built1961
ZoningLAR3
Exterior for 2050 Rodney Drive
Building Area Total13982
Lot Size Acres0.4295
Lot Size Area18708
Number of Buildings1
Parking FeaturesAttached Carport, Detached Carport
Total Parking16
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
