1346 Yosemite, Los Angeles, California 90041, Los Angeles, 90041 - 5 bed, 3 bath
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Los Angeles, California 90041
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned slightly above the $1,239,270 Fair Market Value. While requiring a comprehensive renovation, the asset features a 1,319 sq. ft. main residence and a 548 sq. ft. detached ADU, offering significant rental income potential. With a Condition Rating of 5, this project is ideal for those looking to force appreciation in a high-demand Eagle Rock neighborhood. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity.
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a 'renovation opportunity' and 'value-add' property. While some flooring appears updated, the bathrooms and kitchens are significantly dated, and the presence of original jalousie windows and older fixtures indicates a need for a comprehensive rehab rather than minor repairs.
Elementary School: Delevan Drive Elementary School (9/10).
The property includes a detached 548 sq. ft. ADU with 2 bedrooms and 1 bath, providing a rare opportunity for rental income, a guest house, or a private home office.
Situated in a highly sought-after Northeast LA neighborhood, the home is walking distance to Yosemite Recreation Center and Colorado Boulevard’s popular dining and shopping.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1867, other record living area = 1319. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property is marketed as a true fixer-upper, meaning buyers will need significant liquid capital and a clear vision to address its current 'value-add' condition.
Given the 1950 build date and renovation status, the home likely requires costly updates to major systems such as electrical, plumbing, and HVAC to meet modern standards.
This value-add property features a 1,319 sq. ft. main residence with 3 bedrooms and 1.5 baths (Address-1346), along with a detached rear permitted ADU offering approximately 548 sq. ft., 2 bedrooms, and 1 bath, totaling approximately 1,867sq+/-. ft. of living space (Adress-1348)***Parking acess from back alley***Located near Colorado Boulevard, Occidental College, Yosemite Recreation Center, popular cafés, restaurants, shops, and parks, the property also offers convenient access to Glendale, Pasadena, Highland Park, and Downtown Los Angeles. Eagle Rock is celebrated for its small-town charm, creative energy, historic character, and strong buyer demand, making it a prime location. ***https://iframe.videodelivery.net/7c22ab8f82eb64fe11393c3315d6f2bd***
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,867 | 1,664 | 67% |
| Lot Size | 6,982 | 7,021 | 44% |
| Price | $1.15M | $1.39M | 19% |
| Price per sq ft | $616 | $906 | 13% |
| Built year | 1950 | 1926 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 135 | 5% |
May 23, 2026
$1,150,000
$1,250,000
-8% Price Drop
Initial Listing
May 9, 2026
$1,250,000
Initial Listing