2127 Rodney Dr, Los Angeles, CA, 90027

2127 Rodney Dr, Los Angeles, CA, 90027 < >
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for sale
Lot Size:0.45 Acres
Year Built:1986
MLS #:21106543
Date Updated:
For information contact:
CENTURY 21 MASTERS - Diamond Bar
(909) 595-5597
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Go See This Property
A generational investment opportunity of a 42-unit apartment building in Los Feliz, one of the most coveted rental submarkets in all of Los Angeles, located just south of Los Feliz Blvd between N Vermont Ave and Hillhurst Ave. This is the first time the property has been on the market since it has been developed in 1986, a rare opportunity to purchase a sizeable asset in this pocket of the submarket with only 21 buildings over 40 units existing north of Franklin Ave. Los Feliz is considered a premier rental market of Los Angeles attracting quality tenants and providing easy access to amenities in Hollywood as well as the 101 & 5 Freeways. The building features an ideal, rare unit mix of spacious units made up of 24 one-bedrooms (652-871 SF), six one-bedroom lofts (916-931 SF), nine two-bedrooms (951-1,012 SF) and three two-bedroom lofts (1,173-1,202 SF). The unit interiors are well-maintained with central A/C, fireplaces, dishwashers, microwaves, and new flooring and paint in the majority of the units. The rental income provides stable current cash flow to an investor with additional upside over 18% achievable through further interior unit renovations such as recessed lighting and
Interior Details
Flooring: Wood, Carpet, TileStories Total: 0

Exterior Details
Lot Size Acres: 0.4530Number Of Buildings: 1
Number Of Units Total: 42Parking Features: Subterranean
Parking Total: 0.00

Community Information
County Or Parish: Los AngelesDirections: Just south of Los Feliz Blvd between N Vermont Ave and Hillhurst Ave
MLS Area Major: 637 - Los FelizParcel Number: 5590004008
Zoning: LAR3

Property Information From MLS Data
Year Built: 1986

Financial Information
Association Fee: 0.00

Heating: Fireplace(s), Central

Listing Information Courtesy of:
List Agent First Name: Neema
List Agen tLast Name: Ahadian
List Office Name: Marcus & Millichap

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Monthly Payment for 2127 Rodney Dr
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$18,800,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Neema Ahadian, Marcus & Millichap

Information obtained from CACRMLS is current as of 1/21/2022 12:37 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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