1416 1418 Yosemite Drive, Los Angeles, California 90041

$1,389,000

Overview

Property ID: P1-20641

Apartment, Residential Income
Property Type

5.0
Garages

2952 Sqft
Area Size

1927
Year Built

Description

Offers due Wednesday February 12 at 5pm. See private remarks.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!.

Address

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Address: 1416 1418 Yosemite Drive
City: Los Angeles
State/county: CA
Zip/Postal Code: 90041
Area: Not Applicable
Country: US

Details

Updated on June 12, 2026 at 5:24 pm

Property ID P1-20641
Price $1,389,000
Property Size 2952 Sqft
Land Area 0.1606 Acres
Garages 5.0
Year Built 1927
Property Type Apartment, Residential Income
Property Status Closed

Additional details

Listing Terms Cash to New Loan, Conventional
Roof Flat, Rolled/Hot Mop
Utilities Electricity Connected, Natural Gas Connected
Sewer Public Sewer
Cooling None
Heating Wall Furnace
Flooring Carpet, Vinyl
County Los Angeles
Property Type Residential Income
Pool None
Parking Assigned, Garage
Community Features Biking, Curbs, Foothills, Park, Storm Drain(s), Street Lights, Sidewalks
Architectural Style Cottage, Spanish