1416 1418 Yosemite Drive, Los Angeles, CA 90041
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Listed Price :
$1,389,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1927
Property Description
What a nice find in Eagle Rock! This is a classic pride of ownership five unit building in a great location, near shopping, restaurants, schools and Yosemite Recreation Center. Five Units each with one bedroom and one bath plus laundry room (five beds and five baths total). The long-time owners have preserved the original character and charm of this 1927 classic and have maintained it beautifully. The property consists of two duplexes and one carriage home, all bright and generous one-bedroom and one-bathroom apartments. Just a few of the updates include dual pane windows, tankless water heaters, private laundry hook ups in each unit, cooper plumbing and stairs to the carriage house. Both the gas and the electricity are separately metered and there are sub meters for water at each unit. Units are vacant and are ready for new owners. Proforma Cap rate of 6.5% and Gross Margin of 11 are based on a conservative rent of $2100 per unit. Family owned since 1966!.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Laundry Room |
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Vinyl |
| Interior Information |
| Features |
Tile Counters |
| Cooling Type |
None |
Listing Information
| Address |
1416 1418 Yosemite Drive |
| City |
Los Angeles |
| State |
CA |
| Zip |
90041 |
| County |
Los Angeles |
| Listing Agent |
Steven Kuhn DRE #01237314 |
| Co-Listing Agent |
Jane Kane DRE #00814375 |
| Courtesy Of |
COMPASS |
| List Price |
$1,389,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
6,995 |
| Year Built |
1927 |
Listing information courtesy of: Steven Kuhn, Jane Kane, COMPASS. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 3rd, 2025 at 9:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
