4214 Sunset Drive
Los Angeles, CA 90027
- – beds
- – baths
- – sqft
- 6,711 sqft lot
- 1923 build
- – on site
4214 Sunset Drive is an 8-unit courtyard apartment community located in the Los Feliz sub-market. The offering offers investors a unique opportunity to acquire a stable asset in a premier Los Angeles rental market with meaningful long-term capital appreciation. 4214 Sunset Drive is a quintessential courtyard apartment community that consists of eight units in three separate buildings in the red-hot Los Feliz submarket. The unit layout consists of four (4) 1-Bedroom/1-Bathroom units, three (3) larger 1-Bedroom/1-Bathroom units (at the rear of the property), and one (1) 2-Bedroom/2-Bathroom unit. Residents are welcomed to a quiet and open courtyard replete with mature landscaping. The common areas can be taken to a new level and provide an urban oasis. Current ownership has conducted a top-to-bottom remodel of one rear unit, creating a spacious two-bedroom apartment. Upgrades include new hardwood floors, updated kitchen and bathrooms, new stainless steel appliances, modern fixtures and lighting, designer tiles in the kitchen and bathroom, and an in-unit washer/dryer. The remodeled unit is a proven path to achieve strong rents when units turnover. Additionally, one unit will be delivered vacant at the close of escrow, allowing the new owner to achieve market rent. Los Feliz is a premier rental destination in Los Angeles and commands rents comparable to many Westside and beach communities. Los Feliz attracts young and diverse residents who appreciate all the unique experiences, hippest restaurants, and destinations in the immediate area. 4214 Sunset Drive is a short walk from many happening coffee shops and dining options and a short drive from the City's primary employers in Hollywood and Downtown Los Angeles.
Last checked:
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Last updated Aug 26, 2024
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MLS# 24396177 —
The Building
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Year Built:1923
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New Construction:No
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Building Area Total:5388.00
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# of Buildings:3
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Total Number Of Units:8
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Sought-after rental location off Sunset Blvd in between Los Feliz and Silver Lake
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Latitude:34.09787900
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Longitude:-118.28259200
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:6711.0000
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Lot Size Acres:0.1541
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Lot Size SqFt:6711.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5430031019
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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8/6/24
Aug 6, 2024
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Price Changed | CRMLS_CA | $2,200,000 | -10.2% |
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5/24/24
May 24, 2024
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Listed / Active | CRMLS_CA | $2,450,000 | 14.0% (5.1% / YR) |
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9/1/21
Sep 1, 2021
|
CRMLS_CA | $2,150,000 | 7.5% |
