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    2035 Dracena Dr

    Los Angeles, CA 90027
    • $22,000,000
    • STATUS: Pending
    • ON SITE: 115 days
    • ID#: 20-562332
    Pending
    UPDATED: 47 min ago
    $22,000,000
    • 75
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 66,768
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    **A TOUR WILL BE CONDUCTED FOR PROSPECTIVE BUYERS FRIDAY MARCH 13, 2020 BETWEEN 12PM - 3PM ****BEST AND FINAL OFFERS ARE DUE ON MONDAY, MARCH 16, 2020 AT NOON****IF YOU PLAN ON ATTENDING PLEASE EMAIL THE LISTING AGENTS**2305 Sale will be subject to the Probate Proceedings, including any approvals required thereunder or in connection therewith.Dracena Drive "Dracena Palms" is a sixty unit 66,768 SF multifamily property located in the Los Angeles Submarket "Los Feliz." The property resides on a 31,982 square foot lot.Dracena Palms constructed in 1972, is in an ideal location between N Vermont Avenue, Hillhurst Avenue and Los Feliz Blvd which are main thoroughfares that tenants can use to dine, shop, or ride bikes. This 60-unit building features forty-two 1-bedrooms, fifteen 2-bedrooms and three studios. There are 72 parking spaces (per Costar research).The location of Dracena Palms is in the highly desirable rental market of Los Feliz, known for its trendy eateries, outdoor activitie

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T14:42:36.487. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/103994038
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    2035 Dracena Dr Los Angeles, CA 90027

    • Price: $22,000,000
    • Status: Pending
    • Updated: 47 min ago
    • ID#: 20-562332
    75
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    66,768
    SQFT
    $0
    $/SQFT
    1972
    Built
    Neighborhood:
    Los Feliz
    County:
    Los Angeles
    Area:
    Los Feliz
    Property Description
    **A TOUR WILL BE CONDUCTED FOR PROSPECTIVE BUYERS FRIDAY MARCH 13, 2020 BETWEEN 12PM - 3PM ****BEST AND FINAL OFFERS ARE DUE ON MONDAY, MARCH 16, 2020 AT NOON****IF YOU PLAN ON ATTENDING PLEASE EMAIL THE LISTING AGENTS**2305 Sale will be subject to the Probate Proceedings, including any approvals required thereunder or in connection therewith.Dracena Drive "Dracena Palms" is a sixty unit 66,768 SF multifamily property located in the Los Angeles Submarket "Los Feliz." The property resides on a 31,982 square foot lot.Dracena Palms constructed in 1972, is in an ideal location between N Vermont Avenue, Hillhurst Avenue and Los Feliz Blvd which are main thoroughfares that tenants can use to dine, shop, or ride bikes. This 60-unit building features forty-two 1-bedrooms, fifteen 2-bedrooms and three studios. There are 72 parking spaces (per Costar research).The location of Dracena Palms is in the highly desirable rental market of Los Feliz, known for its trendy eateries, outdoor activitie
    Exterior Features

    Lot Size Area 31982 Other Structures Other Parking Garage Gated Pool YN No Tennis YN No Total Parking 72

    Interior Features

    Baths Total 75.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Other

    Property Features

    Gross Income 1261737 Gross Operating Income 1261737 Like Units1 42 Like Units2 15 Like Units3 3 Net Operating Income 765046.00 Number Of Buildings 1 Number Of Units 60 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 471456 Type Of Units Apartment Zoning Lar3

    Listing provided courtesy of David Weinberger DRE#01349349 of Keller Williams Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T14:42:36.487. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377