1900 Dracena Dr , Los Angeles, CA 90027
$3,225,000
Est. Payment: $16,227.69/mo
14 Bed
14 Bath
7442 Sqft
Status: active | Days on site: 8
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House Description

We are pleased to present 1900 Dracena Drive, an eight-unit apartment community ideally located in the heart of Los Feliz, one of Los Angeles' most sought-after rental neighborhoods. Situated on the prominent corner of Dracena Drive and Franklin Avenue, the property offers exceptional curb appeal with classic mid-century architecture, mature landscaping, and an attractive street presence. Built in 1965, the property features an excellent unit mix of six (6) two-bedroom, two-bath apartments and two (2) one-bedroom, one-bath apartments, appealing to a broad tenant base seeking larger floor plans in a premier location. Several units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently there is one vacant two-bedroom, two-bath apartment unit. Recent improvements include a new electrical panel service panel and plumbing upgrades, providing investors with updated infrastructure improvements while offering additional value-add potential through continued interior renovations The property includes eight gated parking spaces, an on-site laundry facility, and additional storage which enhances tenant's convenience. Ideally positioned just moments from the vibrant Hillhurst Avenue and Vermont Avenue shopping and dining districts, residents enjoy immediate access to Los Feliz's renowned restaurants, cafes, boutiques, and entertainment. Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are all within minutes, making this an exceptionally desirable rental location with consistently strong demand.1900 Dracena Drive represents an outstanding opportunity to acquire an apartment asset in one of Los Angeles' most established and supply-constrained neighborhoods, offering stable in-place income with continued upside

Highlights

Listed by D. Timothy Byrne , 310-801-3442 and Steve Sawai , 310-261-3777 Compass , 310-820-0195. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1965

County

Los Angeles

Area

637 - Los Feliz

Listing ID

26866033

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:14
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:8
Zoning:LAR2
Others:2+ Total Units
Parking Features:Covered,Uncovered
Principal Interest
$16,228
Taxes
$2,056

Home Price

$3,225,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$645,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,227.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,227.69 $2,055.94 $0.00 $18,283.63
Yearly $194,732.28 $24,671.25 $0.00 $219,403.53
Total $5,841,968.46 $740,137.50 $0.00 $6,582,105.96

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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