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2050 N Commonwealth Avenue, Los Angeles, CA, 90027

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$5,000,000
48 Days On Site

2050 N Commonwealth Avenue
Los Angeles, CA 90027

For Sale|Residential Income|Active
15
Beds
17
Full Baths
0
Partial Baths
12,251
SqFt
$408
/SqFt
1928
Built
County:
Los Angeles

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2050 N Commonwealth Avenue2050 N Commonwealth Avenue2050 N Commonwealth Avenue2050 N Commonwealth Avenue
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Monthly Payment (Est.)

$22,812
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

The Berkshire Apartments at 2050 North Commonwealth Avenue is a 17-unit courtyard apartment community in Los Feliz (90027). It is being offered for sale for the first time in over 40 years. The offering offers investors a rare opportunity to acquire an irreplaceable asset in one of LA's most dynamic neighborhoods. Built in 1928, 2050 North Commonwealth Avenue is a quintessential 1920s courtyard property that attracts quality residents who appreciate the asset's style, irreplicable charm, and extremely desirable location. An exceptional unit composition consists of Two (2) 2 Bedroom/1 Bathroom Units, Eleven (11) 1 Bedroom/1 Bathroom Units, and Four (4) Studio apartments. In all, 2050 North Commonwealth Avenue comprises +/- 12,251 square feet of improvements and is sited on a +/- 13,499 square foot parcel. Most apartment units are accessed through an inviting and tastefully landscaped courtyard. Each unit provides front and rear egress, coved ceilings, hardwood flooring, built-in storage, and period details. In recent years, current ownership has completed several meaningful capital expenditures such as the mandatory soft-story retrofit (2020), replacement/repair of all the buildings staircase railings (2022), re-roofed with Class A materials (including tear-off) (2005) and installed a new 100-gallon water heater (2019). Parking is provided for 14 vehicles via eleven (11) on-grade spaces and three (3) enclosed garages. Electrical and gas utilities are separately metered, and each resident pays for their usage. There is also a large common area, laundry room, and significant storage. 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. 2050 North Commonwealth Avenue is a short distance from many happening coffee shops and dining options and a short drive from the City's primary employers in Hollywood and Downtown Los Angeles. 2050 North Commonwealth Avenue has a Walk Score of 89 out of 100. This location is in the Greater Griffith Park neighborhood in Los Angeles. Nearby parks include Barnsdall Park, Barnsdall Park, and William Mulholland Memorial.

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Listing Snapshot
Price 
$5,000,000
Days On Site 
48 Days
Bedrooms 
15
Inside Area (SqFt) 
12,251 sqft
Total Baths 
17
Full Baths 
17
Partial Baths 
N/A
Lot Size 
0.31 Acres
Year Built 
1928
MLS® Number 
24456505
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.31
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
12251
Stories 
Two
Zoning 
LAR1
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Community Features
MLS Area 
637 - Los Feliz
Listing courtesy of Nick Astrupgaard of KW Commercial Studio City
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Based on information from the The MLS as of 2024-12-12 04:40 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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