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1520 Yosemite Dr Los Angeles, CA 90041
78 beds
36,788 sq ft

Courtesy of Realty Investment Advisors, Inc. 424-377-6001

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Laura Alice Scaturro

Laura Alice Scaturro


DRE# 01942167

Property Description

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 10 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 current long-term owner hasn’t increased rents for years so all the units are eligible for max rent increases. 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

Property Details & Features

Property Type

  • Multi Family Residence

Year Built

  • 1986

Appliances and Equipment

  • Gas
  • Ceiling Fan
  • Hood Fan


  • 77.00 total bathrooms


  • 78 total bedrooms


  • 36,788 sq ft
  • Built in 1986


  • Wall Unit(s)


  • None


  • Carport
  • Covered Parking


  • Wall


  • Community


  • ListDate: 2022-07-29
  • PricePerSqFt: $512
  • 14 days on market


  • County: Los Angeles
  • ListingArea: Eagle Rock


  • LotAcreage: 0.9588
  • LotSizeArea: 41,763


  • CarportSpacesTotal: 106
  • CoveredParking: 106
  • TotalParking: 106


  • PoolYN: False
  • None


  • NumberOfUnits: 53
  • OtherStructures: Other
  • Zoning: LARD1.5
  • Balcony


  • Flat


  • Has spa
  • None

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