- $6.8M Price
- .24 Acres
- 1566 DOM
2050 Dracena Drive
A classic Spanish Revival building, 2050 Dracena Drive brings a unique opportunity. The 20-unit multifamily building is located on a large, 11,240 SF lot at the center of Los Feliz, near a multitude of local restaurants and shopping including Albertsons, Blue Bottle Coffee, Cafe Los Feliz, Freds, and Alcove Cafe. The property is master metered, allowing annual 5% rent increases. The unique layouts of the units provide tenants with ample storage space, with some units featuring a walk in closet, den, and large pantry. The entire building boasts original hardwood floors, individual AC units, open living space, full designer bath and modern kitchen with butcher block counter tops. Griffith Park, Silver Lake Reservoir, and Hollywood surround the property on each side, providing residents the ultimate East LA location.
Essential Information
- MLS® #21794960
- Price$6,750,000
- Bathrooms0.00
- Acres0.24
- Year Built1924
- TypeCommercial Sale
- StatusActive Under Contract
Community Information
- Address2050 Dracena Drive
- Area637 - Los Feliz
- CityLos Angeles
- CountyLos Angeles
- Zip Code90027
Interior
- # of Stories2
Exterior
- ExteriorConcrete
- ConstructionConcrete
Additional Information
- Date ListedJuly 28th, 2021
- Days on Market1566
- ZoningLAR3
Listing Details
- AgentJared Warren
Office
Colliers International- Los Angeles
Jared Warren, Colliers International- Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of November 11th, 2025 at 9:15am PST. 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.