1416 Yosemite Drive 1418

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Address: 1416 Yosemite Dr #1418, Los Angeles, CA 90041, USA
Created date: February 1, 2025
Date last updated: February 15, 2025

Property Description

Offers due Wednesday February 12 at 5pm.please email to [email protected] and cc [email protected] 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!Call Steve to set up an appointment818-957-4899

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,389,000
No. of Units: 5
Year Built: 1927
Lot Size: 2,952.00 Sq ft
Opportunity Zone: No
Price per unit: $277,800
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 0
Address: 1416 Yosemite Drive 1418, Los Angeles, CA 90041, USA
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