1208 S Cochran Ave, Los Angeles, CA 90019
1208 S Cochran Ave, Los Angeles, CA 90019
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$2,099,999
Est. payment /mo
6 Beds
5 Baths
3,557 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,557 sqft

Price per Sqft $590

MLS Listing ID 26942437

Bedrooms 6

Year Built 1942

Lot Size 6,215 Sqft

Acres 0.1427

Property Sub-Type Multi-Family

Property Description

1031 EXCHANGE & INVESTOR OPPORTUNITY! Turnkey, fully renovated four-unit property in Mid-City Los Angeles, delivered 100% VACANT and ready for immediate lease-up at current market rents no inherited tenants and no tenant displacement. The property consists of a triplex featuring a 2BD/2BA, 2BD/1BA and 1BD/1BA, plus a permitted 1BD/1BA ADU. Extensive renovations include new roof and gutters, new electrical and plumbing systems, new HVAC, tankless water heaters, stainless steel appliances, restored original hardwood floors, new concrete driveway and backyard, and quality finishes throughout. Projected rents total $13,700/month / $164,400 annually. Offered at $2,099,999, representing a projected 12.77 GRM and 7.83% gross rental yield. An exceptional replacement-property opportunity for 1031 exchange buyers, investors, or an owner-user seeking income potential. Four legal units + turnkey condition + vacant delivery = immediate control of your investment from Day One. Buyer to independently verify all information, including permits, unit configuration, square footage, projected rents and financial performance.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Central

Cooling Air Conditioning

Fireplaces Type None

Equipment Dishwasher, Gas Dryer Hookup, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Garage - 2 Car

Garage Spaces 5.0

Pool None

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Ashby & Graff
Gabriel Colombo

Gabriel Colombo

Agent License ID: 02266753

+1(213) 259-6619

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1208 S Cochran Ave