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

1900 Dracena Dr, Los Angeles, CA 90027

Residential Income, Los Angeles, CA

Property Size7,442 SF
Lot Size0.15 Acres
Price / SF$433.35
Days on Market47

Property Features for 1900 Dracena Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bedrooms 14
Bathrooms 14
Full bathrooms 14
Rooms Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 14, Bathroom 10, Bathroom 6, Bathroom 14, Bedroom 9, Bedroom 13, Bathroom 9, Bedroom 12, Bedroom 8, Bathroom 12, Bathroom 11, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 13, Bedroom 11, Bedroom 2, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 1, Bedroom 10
Parking 8
Parking features Covered
Directions North of Franklin, West of Hillhurst
Subdivision Los Feliz
Standard status Active
APN 5590-013-001
Size 7,442 SF
Lot size 0.15 Acres

Utilities

Cooling system Wall Unit(s)

Amenities

private balconies
on-site laundry facility
additional storage

Building Details

Year built 1965
Floors in Building 2
Number of units 8
Listing Agency: Compass
Listed By: D. Timothy Byrne · License #01186465
Added: Jul 28 Changed: Sep 12 Last Checked: Sep 12 at 6:06PM
MLS# 26866033

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1900 Dracena Drive in Los Angeles, this 7,442-square-foot apartment property contains eight units within a building constructed in 1965. The unit mix includes six two-bedroom, two-bath apartments and two one-bedroom, one-bath apartments. Units feature private balconies, spacious layouts, abundant natural light, and wall unit cooling. The property is currently 100% occupied.

Recent work includes a new unit electrical subpanel and service panel, along with plumbing and roof upgrades. The 0.1513-acre property also includes eight gated parking spaces, covered parking, an on-site laundry facility, and additional storage. It is zoned LAR2 and occupies the corner of Dracena Drive and Franklin Avenue in the Los Feliz area.

Hillhurst Avenue and Vermont Avenue provide nearby shopping and dining, while Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, and Silver Lake are identified in the surrounding area. The property address is 1900 Dracena Dr, Los Angeles, CA 90027.

Key Highlights

  • 8‑unit apartment property with a mix of six 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • 7,442 square feet on 0.1513 acres; built in 1965
  • 100% occupied at present

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Building Supply Electrical Service (Bike/Boat/Book/etc) Store 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
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,911
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - LAR2-zoned apartment property with gated parking, private balconies, and on-site laundry.
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: 8‑unit apartment property with a mix of six 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; 7,442 square feet on 0.1513 acres; built in 1965; 100% occupied at present
More about this property
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