2035 Dracena Drive
Los Angeles, CA 90027

**A TOUR WILL BE CONDUCTED FOR PROSPECTIVE BUYERS FRIDAY MARCH 13, 2020 BETWEEN 12PM - 3PM ****BEST AND FINAL OFFERS ARE DUE ON MONDAY, MARCH 16, 2020 AT NOON****IF YOU PLAN ON ATTENDING PLEASE EMAIL THE LISTING AGENTS**2305 Sale will be subject to the Probate Proceedings, including any approvals required thereunder or in connection therewith.Dracena Drive "Dracena Palms" is a sixty unit 66,768 SF multifamily property located in the Los Angeles Submarket "Los Feliz." The property resides on a 31,982 square foot lot.Dracena Palms constructed in 1972, is in an ideal location between N Vermont Avenue, Hillhurst Avenue and Los Feliz Blvd which are main thoroughfares that tenants can use to dine, shop, or ride bikes. This 60-unit building features forty-two 1-bedrooms, fifteen 2-bedrooms and three studios. There are 72 parking spaces (per Costar research).The location of Dracena Palms is in the highly desirable rental market of Los Feliz, known for its trendy eateries, outdoor activitie