Los Angeles, CA 90027,2050 N Commonwealth Avenue
Los Angeles, CA 90027,2050 N Commonwealth Avenue
Los Angeles, CA 90027,2050 N Commonwealth Avenue
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$5,000,000
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12,251 SqFt
Active

2050 N Commonwealth Avenue Los Angeles, CA 90027

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UPDATED:

02/24/2025 09:30 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,251 sqft

Price per Sqft $408

MLS Listing ID CL24456505

HOA Y/N No

Year Built 1928

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Other

Property 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 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 install

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5591008027


Bridge MLS
Listed by Nick Astrupgaard • KW Commercial Studio City

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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2050 N Commonwealth Avenue