2127 Rodney Dr, Los Angeles, CA, 90027

2127 Rodney Dr, Los Angeles, CA, 90027 < >
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for sale
$23,500,000
Lot Size:0.45 Acres
Year Built:1986
Status:Active
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

Utilities
Heating: Fireplace(s), Central

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

Walk Score® for 2127 Rodney Dr
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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.
Price:$23,500,000
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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