2050 North Commonwealth Avenue
$5,000,000
15
17
12,251
12,251
$408
Description
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...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.
- Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01125362 • KW Commercial Studio City
- Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01125362 • KW Commercial Studio City
Property Details for 2050 North Commonwealth Avenue
Zoning
LAR1
Parcel Number5591008027
Total Units17.0
Living Area12251
Source Living AreaVendor Enhanced
AreaLos Feliz (637)
Vacancy Rate6%
Lot Size Area13503
LISTING UPDATED: 11/01/2024 12:01 AM
Property Details for 2050 North Commonwealth Avenue
Status | Active |
---|---|
MLS # | 24-456505 |
Days on Market | 97 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1928 |
Lot Size | 0.31 AC / 13,503 SF |
County | Los Angeles County |
Building Information for 2050 North Commonwealth Avenue
Stories2Residences-Year Built1928Building Size-Lot Size0.31 AC / 13,503 SF
Property Information for 2050 North Commonwealth Avenue
Property History for 2050 North Commonwealth Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2050 North Commonwealth Avenue
Taxable ValueLand$263,111Additions$299,461Total$562,572
Tax Record2024$8,600 ($717 / month)
Home Facts
Total Finished SqFt12,251 SqFtAbove Grade Finished SqFt12,251 SqFtLot Size13,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR1CountyLOS ANGELESAPN5591-008-027
Schools near 2050 North Commonwealth Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Franklin Avenue Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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