For Sale Multi-Family MLS# 26942437

1208 S Cochran Avenue

Los Angeles, CA 90019

$2,099,999

california-regional-mls-rsd logo

About 1208 S Cochran Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1942
Stories
2
Living area
3,557 sqft
Price / sqft
$590
Lot
0.1427
Original price
$2,099,999
MLS #
26942437

Interior

Appliances
Dishwasher, Refrigerator
Heating
Central

Exterior & lot

Features
Parking spaces: 5
Construction
2
Lot
LAR3
Parking
Door-Multi, Garage
Garage spaces
2

Schools

District
Los Angeles Unified School District

Financial

Parcel
5084032026
Special conditions
Standard

Location

Area
C19 - Beverly Center-Miracle Mile
County
Los Angeles
Neighborhood
Mid-Wilshire
Directions
North of San Vicente / Cochran

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Listed by Christine Canillas, Ashby & Graff

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.