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2050 Rodney Drive

Los Angeles (City), CA 90027
  • $5,099,000
  • STATUS: Active Under Contract
  • ON SITE: 256 Days
  • ID#: 25583881
Under Contract
UPDATED: 50 min ago
$5,099,000
  • 27
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,982
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Jessica Barouch of Keller Williams Studio City (818-432-1500)


Description

Amazing Seller Financing Available. Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T14:35:22.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/167548693
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2050 Rodney Drive Los Angeles (City), CA 90027

  • Price: $5,099,000
  • Status: Active Under Contract
  • On Site: 256 Days
  • Updated: 50 min ago
  • ID#: 25583881
27
Beds
0
Baths
0
½ Baths
0.43
Acres
13,982
SQFT
$365
$/SQFT
1961
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
Amazing Seller Financing Available. Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.
Exterior Features

Architectural Style Mid-Century Modern Attached Garage YN Yes Carport YN Yes Parking Features Attached CarportDetached Carport Parking Total 16 Property Attached YN Yes

Interior Features

Appliances Refrigerator Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Association YN No Buyer Financing Seller Financing Cap Rate 5 Gross Income 410000 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 250000 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 3 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T14:35:22.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Jessica Barouch of Keller Williams Studio City (818-432-1500)