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16-Unit Courtyard Apartment Building
For Sale
$5,099,000

2050 Rodney Dr, Los Angeles, CA 90027

Two-story Los Feliz property with a courtyard layout, in-ground pool, and on-site parking.

Property Size13,982 SF
Days on Market366

Property Features for 2050 Rodney Dr

General Information

Standard status Active
Size 13,982 SF
Total Parking Spaces 16
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 16

Amenities

pool

Building Details

Building Size 13,982 SF
Year Built 1961
Buildings 1
Stories 2
Construction mid-century
Listing Agency: Keller Williams Studio City
Listed By: Jessica Barouch · License #01379495
Source: Milsteinestates
Added: Aug 26, 2025 Changed: Aug 24 Last Checked: Aug 25 at 11:47AM

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 Keller Williams Studio City

Investment Insights

Based on property information with market context.

This 16-unit apartment property was built in 1961 and is arranged as a two-story courtyard building. The unit mix includes two-bedroom, two-bath residences and one-bedroom units, with large bedrooms, living areas, and natural light. The property also includes an in-ground pool and 16 parking spaces.

Located on Rodney Dr in Los Feliz, the building is a few blocks from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and local shopping. The property information identifies ADU opportunities via SB 1211, while 50% of the units are noted as having rental upside through interior renovation. Stabilized metrics are reported at a 7% cap rate.

Key Highlights

  • 16‑unit apartment building constructed in 1961
  • Two‑story courtyard design with an in‑ground pool
  • Unit mix includes 2 bed/2 bath and 1‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Fish Market Mobile Phone Store

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

16
Residential units

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 - Two-story Los Feliz property with a courtyard layout, in-ground pool, and on-site parking.
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 $5,099,000.
What are key features of this property?
This property features: 16‑unit apartment building constructed in 1961; Two‑story courtyard design with an in‑ground pool; Unit mix includes 2 bed/2 bath and 1‑bedroom apartments
More about this property
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