1416 1418 Yosemite Drive | Los Angeles | State of California | Prices, Plans, Availability

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1416 1418 Yosemite Drive

USD 1,389,000

Property ID: P1-20641

1416 1418 Yosemite Drive ,90041

6995 SqFt

Built in 1927

USD 199/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

2952

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1927

Detailed Introduction Of This Home

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!.

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