Dracena Palms is located within the most desirable pockets of one of the most highly sought-after submarkets in Los Angeles County. The Los Feliz neighborhood thrives off of its casual yet trendy lifestyle which is why it continue to remain an attractive living destination. Given the upward trend of millennials to engage in an active lifestyle, the immediate and surrounding areas provide attractions, nightlife, and simple amenities to be enjoyed on a regular basis. Griffith Park, the Greek Amphitheatre, the Hollywood sign trails, and Silver Lake/Echo Park, among other local hot spots, all contribute to the energy that permeates the streets. The growing movement towards walkable areas filled with bars, restaurants, cafes, live music venues is ever-prominent within Los Feliz, Silverlake, Echo Park, Hollywood, and Atwater Village. These communities which border Los Feliz area rooted in the millennial culture. These types of locations are attractive because of the amenities that they provide for members of the community. The young, hip, educated, affluent lifestyle renters are drawn towards the area given the numerous entertainment options, walkability, and prestigious brand associated with a residence in one of these locales.