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27-Bedroom Residential Income - 2050 Rodney Drive, Los Angeles, CA

$5,099,000

2050 Rodney Drive, Los Angeles, CA

2050 Rodney Drive, Los Angeles, CA 90027 - $5,099,000 · 27 bd 27 ba Multi-Family Home for Sale, photo 1 2050 Rodney Drive, Los Angeles, CA 90027 - $5,099,000 · 27 bd 27 ba Multi-Family Home for Sale, photo 2 2050 Rodney Drive, Los Angeles, CA 90027 - $5,099,000 · 27 bd 27 ba Multi-Family Home for Sale, photo 3
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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.

Property details

Bedrooms
27
Bathrooms
27
Square feet
13,982
Year built
1961
Property type
Residential Income
Lot size
18,708 sqft

Location

2050 Rodney Drive • Los Angeles, CA 90027

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Listed by

Jessica Barouch · Keller Williams Studio City

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Closed sales reported in 90027, nearest first, last 12 months. All recent sales in Los Angeles →

Listing courtesy of Keller Williams Studio City. Information deemed reliable but not guaranteed.

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