Back to Search

Los Feliz Multifamily Investment Opportunity

2050 Rodney Dr, Los Angeles, CA 90027

View on Map

For Sale

Under Contract

$5,099,000

MULTI_FAMILY - Los Angeles, CA

Property size:

13,982 SF

Lot size:

0.43 Acres

Price / SF:

$364/SF

HighLights

Seller financing available.
Value‑add opportunity with 16 units in a strong Los Feliz rental market.
Potential to increase income through ADU development (SB 1211).
Upside in rental income through interior renovation of 50% of units.
Stabilized metrics pencil at a 7% CAP.
Mid‑century courtyard building with in‑ground pool, located near Los Feliz Village shops and restaurants.

We can help!

Listing Contact

Jessica Barouch

For Sale

Under Contract

$5,099,000

MULTI_FAMILY - Los Angeles, CA

Property size:

13,982 SF

Lot size:

0.43 Acres

Price / SF:

$364/SF

Added:: Aug 26, 2025
Days on Market:: 288
Last Refresh:: Jun 9 at 9:06 pm

Property Features for 2050 Rodney Dr

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: LAR3
Bedrooms: 27
Bathrooms: 27
Rooms: Bathroom 20, Bathroom 4, Bedroom 22, Bedroom 21, Bathroom 26, Bedroom 4, Bedroom 11, Bathroom 1, Bedroom 27, Bathroom 17, Bathroom 27, Bedroom 16, Bathroom 18, Bedroom 9, Bathroom 8, Bathroom 21, Bathroom 12, Bathroom 2, Bathroom 6, Bedroom 19, Bathroom 9, Bedroom 14, Bathroom 10, Bathroom 13, Bathroom 5, Bathroom 3, Bedroom 23, Bathroom 11, Bathroom 24, Bedroom 5, Bedroom 2, Bathroom 16, Bedroom 13, Bedroom 10, Bathroom 14, Bedroom 25, Bathroom 7, Bedroom 15, Bedroom 7, Bathroom 19, Bathroom 23, Bedroom 26, Bedroom 6, Bathroom 22, Bedroom 24, Bedroom 3, Bathroom 25, Bedroom 8, Bedroom 12, Bedroom 20, Bedroom 18, Bedroom 17, Bathroom 15, Bedroom 1
Parking: 16
Parking features: Carport
Standard status: Active Under Contract
APN: 5590-007-032
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
Architectural style: Other

We can help!

Listing Contact

Jessica Barouch

Listing agent Jessica Barouch License #01379495

Listing office Keller Williams Studio City 12711 Ventura Blvd. Suite 110, Studio City, CA

Listing date Aug 26, 2025

MLS# 25583881 Listing URL

HighLights

Seller financing available.
Value‑add opportunity with 16 units in a strong Los Feliz rental market.
Potential to increase income through ADU development (SB 1211).
Upside in rental income through interior renovation of 50% of units.
Stabilized metrics pencil at a 7% CAP.
Mid‑century courtyard building with in‑ground pool, located near Los Feliz Village shops and restaurants.

Overview

This multifamily property is located in the Los Feliz area of Los Angeles. The two-story mid-century courtyard building contains 16 units, featuring a mix of one-bedroom and two-bedroom apartments. The property includes 16 parking spaces and a swimming pool. The property is located a few blocks from Los Feliz Village, Starbucks Reserve, Alcove, and Figaro, offering convenient access to shopping. The property, situated on a lot of 0.4295 acres, has a building size of 13,982 square feet. The property is zoned LAR3 and presents opportunities to increase income through interior renovation and the potential for additional dwelling units (ADU) via SB 1211. All units feature large bedrooms, living areas, and natural light.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.288582
Latitude: 34.109097

Nearby Similar for Sale

$2,600,000

10,944 SF

Los Angeles Commercial Investment Opportunity

Prime investment property in the heart of the Fashion District.

1212 S San Pedro Street, Los Angeles, CA 90015

View Details
$1,199,999

2,526 SF

Los Angeles Retail Opportunity

Single-tenant retail asset with high visibility and growth potential.

4254 Floral, Los Angeles, CA 90063

View Details
$3,990,000

8,688 SF

Prime Automotive Land in Los Angeles

Six parcels with buildings in established automotive corridor.

125 E Florence Ave, Los Angeles, CA 90003

View Details
$950,000

3,040 SF

Los Angeles Industrial Owner-User Opportunity

Rare industrial building in central Los Angeles, ideal for owner-users.

1915 S Santa Fe, Los Angeles, CA 90021

View Details
$1,175,000

1,617 SF

Eagle Rock Commercial/Residential Opportunity

Commercially zoned property in Eagle Rock, ideal for live/work.

1063 Colorado, Los Angeles, CA 90041

View Details
$2,099,000

10,233 SF

Multifamily Property in Boyle Heights

12-unit multifamily property in prime Boyle Heights, Los Angeles.

117 N St Louis, Los Angeles, CA 90033

View Details
$1,999,000

12,306 SF

Los Angeles Multifamily Investment Opportunity

Classic 11-unit Spanish Colonial near Downtown Los Angeles.

2375 W 12th St, Los Angeles, CA 90006

View Details
$2,295,000

10,492 SF

Highland Park Multifamily Value-Add Opportunity

14-unit apartment building in a sought-after Los Angeles location.

820 Chestnut Ave, Los Angeles, CA 90042

View Details
$895,000

3,372 SF

Four-Unit Residential Income Property

Four-unit building with ample rear parking, including three 1-bedroom units and a 3-bedroom delivered vacant at close.

1467 W Vernon, Los Angeles, CA 90062

View Details
$1,556,000

3,999 SF

Adjacent 11-Unit Residential Income Properties

Two adjacent multifamily buildings with 11 units on an LAR4-zoned lot, offering income and development flexibility.

964 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,334,000

3,786 SF

Apartment Income Property with Covered Parking

Two adjacent apartment buildings with 11 total units, covered parking, and LAR4 zoning sold concurrently.

968 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,900,000

7,300 SF

Modern Multifamily Community in Los Angeles

Newly constructed five-unit multifamily property in Pico-Union, Los Angeles.

1724 Menlo Avenue, Los Angeles, CA 90006

View Details

For sale
Apartment buildings
CA
Los Angeles
90027
2050 Rodney Dr

What type of property is this?

Apartment building - Value-add 16-unit property in 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 $5,099,000.

What are key features of this property?

This property features: Seller financing available.; Value‑add opportunity with 16 units in a strong Los Feliz rental market.; Potential to increase income through ADU development (SB 1211).

2050 Rodney Dr, Los Angeles, CA 90027

MULTI_FAMILY - Los Angeles, CA

Property Features for 2050 Rodney Dr

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

Modern Multifamily Community in Los Angeles

FAQs

Create New Password