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    2050 Rodney Dr Los Angeles, CA 90027

    For Sale
    $5,195,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    13,982 SF
    Lot size:
    0.43 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 2050 Rodney Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR3
    Rooms
    Bedroom 11, Bathroom 22, Bedroom 24, Bedroom 15, Bathroom 16, Bathroom 2, Bathroom 15, Bathroom 21, Bathroom 24, Bathroom 19, Bedroom 4, Bedroom 3, Bedroom 10, Bedroom 1, Bedroom 16, Bedroom 8, Bedroom 20, Bedroom 23, Bathroom 1, Bathroom 3, Bedroom 12, Bathroom 5, Bathroom 9, Bathroom 11, Bedroom 21, Bathroom 10, Bathroom 12, Bathroom 6, Bathroom 14, Bathroom 27, Bedroom 5, Bedroom 14, Bedroom 17, Bedroom 19, Bathroom 25, Bedroom 6, Bedroom 18, Bedroom 9, Bedroom 22, Bathroom 4, Bathroom 13, Bathroom 17, Bedroom 13, Bathroom 20, Bathroom 7, Bedroom 26, Bedroom 7, Bedroom 27, Bathroom 8, Bathroom 26, Bedroom 2, Bedroom 25, Bathroom 23, Bathroom 18
    Bedrooms
    27
    Bathrooms
    27
    APN
    5590-007-032
    Parking
    16
    Parking features
    Carport
    Size
    13,982 SF
    Lot size
    0.43 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1961
    Floors in Building
    2
    Number of units
    16

    Keller Williams Realty Studio City (818) 432-1507 [email protected]

    Listing agent Jessica Barouch (818) 432-1500 License #01379495

    Listing date Nov 24, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Feliz Multifamily Investment Opportunity

    This is a rare opportunity to acquire a 16-unit value-add property in the heart of the strong Los Feliz rental market. The property features a mix of two-bedroom, two-bathroom units and one-bedroom units, along with 16 parking spaces. There are several opportunities for Accessory Dwelling Units (ADU) via SB 1211 to increase income. Approximately 50% of the units have rental upside through interior renovation. The stabilized metrics project a 7% capitalization rate. All units feature large bedrooms, living areas, and natural light. This beautifully maintained mid-century, two-story courtyard building is centered around a sparkling in-ground pool. The property is located a few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer. The property, with a building size of 13982 square feet, is situated on a lot of 0.4295 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.288582
    Latitude
    34.109097

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    FAQs

    What type of property is this?
    Apartment building - Value-add 16-unit property in a prime Los Feliz location.
    Where is this apartment building located?
    The property is located at 2050 Rodney Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,195,000.
    What are key features of this property?
    This property features: - 7% CAP rate at stabilized occupancy.; - Value-add opportunity: Renovate 50% of units for rental upside.; - Explore ADU development for increased income via SB 1211.
    (818) 432-1500
    Request Owner's contact information
    2050 Rodney Dr Los Angeles, CA 90027
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    Los Angeles, CA 90027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050 Rodney Dr Los Angeles, CA 90027
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