1520 Yosemite Dr Los Angeles, CA 90041

$--

-- Beds
-- Baths
36,788 Sq.Ft.

Off Market

Map preview of 1520 Yosemite Dr, Los Angeles, CA 90041

Property Overview: 1520 Yosemite Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 36,788 living square feet and 41,763 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1520 Yosemite Dr is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1520 Yosemite Dr

View property's historical transactions

April, 2023
Apr 1, 2023

Date

Expired

CRMLS: 22182627

$16,600,000

Price
Jul 29, 2022

Date

Active

CRMLS: 22182627

$18,850,000

Price
Listing provided courtesy of CRMLS

We are pleased to present the opportunity to acquire a rare, 53-unit, multifamily value-add opportunity at 1520 Yosemite Drive in Eagle Rock, California. Offered for the first time in over 35 years, 1520 Yosemite is ideally situated in the center of Occidental College, Colorado Blvd, Eagle Rock Blvd & York Blvd Shopping, Cafes, Restaurants, Bars & Transportation. Delivered with 9 vacant units, this newer 1986 construction property offers an investor an extremely rare opportunity for a generational asset in one of the highest rental demand submarkets in Los Angeles. Not subject to the City of La Rent Stabilization Ordinance, an investor can take advantage of the statewide allowable rent increases (lower of 5% + CPI or 10%). The property consists of one free standing 2 bed 1 bath house, twenty-four 2 bed 1.5 bath units and twenty-eight 1 bed 1 bath units with balconies in every unit. With 53 tandem parking spaces (106 total), this is a great opportunity for an investor to convert some of the parking into additional ADUs to create substantially more revenue

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Tax History for 1520 Yosemite Dr

Assessed Value (2020): $5,193,128

Year	Land Value	Improved Value	Assessed Value
2020	$1,553,161	$3,639,967	$5,193,128

About 1520 Yosemite Dr

Detailed summary of property

1520 Yosemite Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90041 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 36,788 living square feet, and sits on an approximately 41,763 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 5055 Almaden Dr, 1134 Rock View St and 1609 N Avenue 51. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1520 Yosemite Dr Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1520 Yosemite Dr

Public county record property details

Beds: --
Baths: --
Year built: 1986
Sq. Ft.: 36,788
Lot Size: 41,763
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 57
APN: 5689-028-032

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,199,000

Median List Price/Sq.Ft.

$737

Median Sold Price

$1,460,000

Median Sold Price/Sq.Ft.

$897

Total Inventory

Median Sale to List Price %

97.4%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (17.65%)

Thinking of Selling?

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(714) 706-1823

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