1416 Yosemite Drive

Eagle Rock, CA 90041

$1,389,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1927

calendar_month Built

Property Description

First showing to be on Saturday at open house 12-2.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!

Listing Information

List Price $1,389,000
Status Active
MLS P120641
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1927
Lot Size 6,995
Structure Size N/A
Courtesy Of COMPASS
Listing Agent Steven Kuhn DRE#01237314
Co-Listing Agent Jane Kane DRE#00814375

Interior Features

Laundry Information
Location(s) Washer Hookup, Laundry Room
Total Bedroom
Bedrooms N/A
Flooring Information
Material Carpet, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Tile Counters
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Steven Kuhn, Jane Kane, COMPASS (818) 957-4899. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 31st, 2025 at 10:43 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.