Cap Equity Realty

1821 Rodney Drive, Los Feliz
Fully Occupied Triplex
$1,695,000
BRE #: 01852340

Situated in the eclectic neighborhood of Los Feliz, this triplex is adjacent to trendy restaurants, panoramic hikes and the boutique shops of Los Feliz Village. The property consists of a well-hedged duplex and a third apartment above a two-car garage. The 2 bed + 1.5 bath duplex units, each offer a bonus office space, private laundry and an enclosed private yards. The over garage ADU is a 2 bed + 1 bath apartment with laundry in the garage. Two structures on this corner lot deliver a low-maintenance property that is fully occupied and has had 100% rental income collection throughout the pandemic. Ask about the potential to add a fourth unit!

Los Angeles Aerial Rapid Transit and Metro are scheduled to initiate the environmental review process for the gondola system, which would originate from an elevated stop adjacent to Union Station and terminate in the Dodger Stadium parking lot.

The estimated scheduled for the project would see final station and route selection occur in 2021, with additional permits and approvals to be processed through 2022. Construction is expected to occur over a roughly two year period, potentially beginning in 2025.

Here's What the Dodger Stadium Gondola Could Look Like The company seeking to build a gondola system connecting Dodger Stadium with Union Station has unveiled new details regarding the project.