Listed by D. Timothy Byrne of Compass
We are pleased to present 1900 Dracena Drive, an eight-unit apartment community ideally located in the heart of Los Feliz, one of Los Angeles' most sought-after rental neighborhoods. Situated on the prominent corner of Dracena Drive and Franklin Avenue, the property offers exceptional curb appeal with classic mid-century architecture, mature landscaping, and an attractive street presence. Built in 1965, the property features an excellent unit mix of six (6) two-bedroom, two-bath apartments and two (2) one-bedroom, one-bath apartments, appealing to a broad tenant base seeking larger floor plans in a premier location. Several units have been nicely updated and feature private balconies, abundant natural light, and spacious layouts. Currently there is one vacant two-bedroom, two-bath apartment unit. Recent improvements include a new electrical panel service panel and plumbing upgrades, providing investors with updated infrastructure improvements while offering additional value-add potential through continued interior renovations The property includes eight gated parking spaces, an on-site laundry facility, and additional storage which enhances tenant's convenience. Ideally positioned just moments from the vibrant Hillhurst Avenue and Vermont Avenue shopping and dining districts, residents enjoy immediate access to Los Feliz's renowned restaurants, cafes, boutiques, and entertainment. Griffith Park, the Greek Theatre, Griffith Observatory, Hollywood, Silver Lake, and major employment centers are all within minutes, making this an exceptionally desirable rental location with consistently strong demand.1900 Dracena Drive represents an outstanding opportunity to acquire an apartment asset in one of Los Angeles' most established and supply-constrained neighborhoods, offering stable in-place income with continued upside

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Property Details of 1900 Dracena Drive 1, Unit 1

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Based on information submitted to CRMLS as of July 30, 2026 10:50 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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