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Eight-Unit Apartment Building
For Sale
$3,225,000

1900 Dracena Dr, Los Angeles, CA 90027

Mid-century property with gated parking, on-site laundry, storage, and a mix of one- and two-bedroom residences.

Property Size7,442 SF
Price / SF$433.35
Days on Market9

Property Features for 1900 Dracena Dr

General Information

Standard status Active
Size 7,442 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 8

Additional Details

Road Access Yes

Amenities

private balconies
on-site laundry
storage

Building Details

Building Size 7,442 SF
Year Built 1965
Construction mid-century
Listing Agency: Compass
Listed By: D. Timothy Byrne · License #01186465
Source: Carolinakramer
Added: Jul 28 Changed: Aug 2 Last Checked: Aug 5 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1965, this 7,442-square-foot apartment property contains eight residences, including six two-bedroom, two-bath units and two one-bedroom, one-bath units. One two-bedroom, two-bath residence is currently vacant. Several apartments have updated interiors, private balconies, abundant natural light, and spacious layouts. Recent work includes electrical service panel and plumbing upgrades. The property also provides eight gated parking spaces, an on-site laundry facility, and additional storage.

The building occupies the corner of Dracena Drive and Franklin Avenue in Los Feliz, Los Angeles. Hillhurst Avenue and Vermont Avenue shopping and dining districts are nearby, while Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are within minutes. Mature landscaping and mid-century architecture contribute to the property's established physical character.

Key Highlights

  • Eight‑unit apartment property with six two‑bedroom, two‑bath units and two one‑bedroom, one‑bath units
  • 7,442 SF property built in 1965
  • One vacant two‑bedroom, two‑bath apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Building Supply (Bike/Boat/Book/etc) Store Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,921
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mid-century property with gated parking, on-site laundry, storage, and a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 1900 Dracena Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,225,000.
What are key features of this property?
This property features: Eight‑unit apartment property with six two‑bedroom, two‑bath units and two one‑bedroom, one‑bath units; 7,442 SF property built in 1965; One vacant two‑bedroom, two‑bath apartment
More about this property
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