1867 S Cochran Avenue
Los Angeles, CA 90019
0.14 acres | #PW25084740
Description
1867 South Cochran Avenue in Los Angeles, California is a true value-add offering: current rents offer a new investor the opportunity to reposition the property and capture over 200 percent rental upside, or a new investor may want to explore development potential.
1867 South Cochran Avenue features two 1949 construction single-family homes, one one-bed/one-bath and one two-bed/one-bath, on a 5,904-square foot lot. The property also offers a two-car garage with tandem driveway parking and a fenced backyard.
The lot is zoned LARD1.5, which offers multiple potential development scenarios: (1) three units, (2) a triplex and three additional detached ADU’s for a total of six units, or (3) a duplex with two detached ADU’s (buyer to verify).
The property is located in LA’s Mid-City area proximate to Mid-Wilshire, the Miracle Mile, Culver City, and the 10 Freeway. This area is a popular rental market with an average household income over $90,000.
Property Details
- Lot DescriptionRectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #PW25084740
- MLS #PW25084740
- Original List Price$975,000
- Acres0.1355
- Utility SourcePublic
- Cost975000
- Property SubtypeDuplex
- Year Built1949
- Stories1
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Bogoyevac (#PBOYOSTE)
Listing Office: Steven M. Bogoyevac, Broker (#PB13351)
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