Search
1900 Dracena Dr #1, Los Angeles, CA 90027
Image 2 for 1900 Dracena Dr #1, Los Angeles, CA 90027
Image 3 for 1900 Dracena Dr #1, Los Angeles, CA 90027
View Photos

1900 Dracena Dr #1 Los Angeles, CA 90027

$3,600,000 Sold Price as of 04/14/2022
  • 14 Beds
  • 14 Baths
  • 7,442 Sq.Ft.
Sold
$3,600,000 Sold Price as of 04/14/2022 Refinance Your Mortgage
Map preview of 1900 Dracena Dr #1, Los Angeles, CA 90027

Property Overview: 1900 Dracena Dr #1 Los Angeles, CA has 14 bedrooms, 14 bathrooms, 7,442 living square feet and 6,589 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1900 Dracena Drive, an 8-unit apartment building located in a stellar location within the family-friendly and ultra-hip Los Feliz submarket. Situated on a spacious corner lot just two blocks West of Hillhurst Avenue, the property resides within walking distance to some of the best eating, dining and nightlife options the neighborhood has to offer. Constructed in 1965, the two-story building is comprised of (6) 2-bdrm. and 2-bath units and (2) 1-bdrm. units. Property amenities include a gated, subterranean garage (7 enclosed spaces and 1 open space) and a community laundry room. Located in a prime location of a in-demand rental market by high-income young professionals, 1900 Dracena stands to be a 'Grade A' investment for years to come.

Listed by Kenny Stevens | BRE #01090251 | Compass
Last checked: 1 minute ago | Last updated: April 14th, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,589
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22120285
City
Los Angeles
County
Los Angeles
Time on Site
973 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,420
  • Total Rent: $2,420
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,569
  • Total Rent: $2,569
  • Pro Forma/Market Rent: $2,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.92
  • Gross Scheduled Income: --
  • Net Operating Income: $136,916
  • Gross Operating Income: $217,832
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1900 Dracena Dr #1

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Side by Side, Gated
Property Information
  • Total # of Units: 8
  • Parcel Number: 5590013001
Location / Neighborhood
Location Information
  • Directions: Two blocks West of Hillhurst Ave, located on the corner of Franklin Ave and Dracena Dr.
View more facts & features

Local Los Angeles Agent

Sale History for 1900 Dracena Dr #1

Last sold for $3,600,000 on April 14th, 2022

  • April, 2022

  • Apr 14, 2022

    Date

    Sold

    CRMLS: 22120285

    $3,600,000

    Price

  • Jan 20, 2022

    Date

    Active

    CRMLS: 22120285

    $3,800,000

    Price

  • August, 2000

  • Aug 24, 2000

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

  • August, 2000

  • Aug 24, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1900 Dracena Dr #1

Assessed Value (2020): $875,142
Year Land Value Improved Value Assessed Value
2020 $275,557 $599,585 $875,142

Home Value Compared to the Market

This property vs the competition

1900 Dracena Dr #1 sold on April 14, 2022 for 239.29% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $510.62 per/sqft which puts the price per square foot 29.47% lower than the current median sale per square foot for the city of Los Angeles.

About 1900 Dracena Dr #1

Detailed summary of property

1900 Dracena Dr #1 is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 14 bedrooms, 14 bathrooms, roughly 7,442 living square feet, and sits on an approximately 6,589 square foot lot. 1900 Dracena Dr #1 was first listed on ArdentRealEstateGroup.com on January 20, 2022. The homeowner sold the property for $3,600,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 239.29% higher than the current median priced home. Local homes that are currently for sale include 4167 Oakwood Ave, 2512 Berkeley Ave and 610 N Gramercy Pl. While the average home in Los Angeles, CA is selling in 106 days, 1900 Dracena Dr #1 has a days on market of 18 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1900 Dracena Dr #1 Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1900 Dracena Dr #1

Public county record property details
Beds
14
Baths
14
Year built
1965
Sq. Ft.
7,442
Lot Size
6,588
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5590-013-001

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1900 Dracena Dr #1

Nearby Homes for Sale

1542 N Hoover St, Los Angeles, CA 90027
$3,995,000
9 Beds
9 Baths
5276 Sq.Ft.
1542 N Hoover St
Los Angeles, CA 90027
1184 N Normandie Ave, Los Angeles, CA 90029
$3,799,000
18 Beds
23 Baths
8977 Sq.Ft.
1184 N Normandie Ave
Los Angeles, CA 90029
4212 Lockwood Ave, Los Angeles, CA 90029
$3,400,000
14 Beds
12 Baths
6466 Sq.Ft.
4212 Lockwood Ave
Los Angeles, CA 90029
933 N Mariposa Ave, Los Angeles, CA 90029
$2,950,000
12 Beds
10 Baths
6426 Sq.Ft.
933 N Mariposa Ave
Los Angeles, CA 90029
4071 Melrose Ave, Los Angeles, CA 90029
$2,950,000
15 Beds
12 Baths
5881 Sq.Ft.
4071 Melrose Ave
Los Angeles, CA 90029
811 Kodak Dr, Los Angeles, CA 90026
$3,495,000
2 Beds
13 Baths
6373 Sq.Ft.
811 Kodak Dr
Los Angeles, CA 90026
1803 N Wilton Pl, Los Angeles, CA 90028
$3,150,000
0 Beds
256 Baths
9377 Sq.Ft.
1803 N Wilton Pl
Los Angeles, CA 90028
724 N Kingsley Dr, Los Angeles, CA 90029
$4,195,000
26 Beds
22 Baths
9249 Sq.Ft.
724 N Kingsley Dr
Los Angeles, CA 90029
639 N Alexandria Ave, Los Angeles, CA 90004
$3,890,000
19 Beds
18 Baths
8468 Sq.Ft.
639 N Alexandria Ave
Los Angeles, CA 90004
634 N Kingsley Dr, Los Angeles, CA 90004
$3,395,000
16 Beds
16 Baths
11564 Sq.Ft.
634 N Kingsley Dr
Los Angeles, CA 90004
5017 Institute Pl, Los Angeles, CA 90029
$2,900,000
8 Beds
0 Baths
8080 Sq.Ft.
5017 Institute Pl
Los Angeles, CA 90029
3321 London St, Los Angeles, CA 90026
$2,999,000
16 Beds
10 Baths
-- Sq.Ft.
3321 London St
Los Angeles, CA 90026

Recently Sold Homes Near 1900 Dracena Dr #1

4626 Franklin Ave, Los Angeles, CA 90027
$1,288,000 Last Sold Price
10 Beds
10 Baths
3860 Sq.Ft.
4626 Franklin Ave
Los Angeles, CA 90027
4601 Welch Pl, Los Angeles, CA 90027
$1,900,000 Last Sold Price
7 Beds
6 Baths
2592 Sq.Ft.
4601 Welch Pl
Los Angeles, CA 90027
1821 Rodney Dr, Los Angeles, CA 90027
$1,695,000 Last Sold Price
12 Beds
6 Baths
2901 Sq.Ft.
1821 Rodney Dr
Los Angeles, CA 90027
4636 Russell Ave, Los Angeles, CA 90027
$1,370,000 Last Sold Price
6 Beds
6 Baths
2368 Sq.Ft.
4636 Russell Ave
Los Angeles, CA 90027

Related Resources to 1900 Dracena Dr #1

New Listings in 90027
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote