1208 S Cochran Avenue, Los Angeles, CA 90019
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1208 S Cochran Avenue, Los Angeles, CA 90019
1208 S Cochran Avenue, Los Angeles, CA 90019
1208 S Cochran Avenue, Los Angeles, CA 90019
1208 S Cochran Avenue, Los Angeles, CA 90019
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$ 2,099,999
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1208 S Cochran Avenue Los Angeles, CA 90019

6 Beds

3,557 SqFt


Open House

Sun Oct 18, 2:00pm - 5:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,557 sqft

Price per Sqft $590

MLS Listing ID CL26942437

Bedrooms 6

HOA Y/N No

Year Built 1942

Lot Size 6,215 Sqft

Acres 0.14

Property Sub-Type OTHER

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

Zoning LAR3

Interior

Heating Central

Fireplace No

Exterior

Total Parking Spaces 5

Building

New Construction No

Others

Tax ID 5084032026


Bridge MLS
Listed by Christine Canillas • Ashby & Graff

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1208 S Cochran Avenue