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$ 2,099,999
Est. payment /mo
Coming Soon
1208 S Cochran AVE Los Angeles, CA 90019
6 Beds
5 Baths
3,557 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,557 sqft
Price per Sqft $590
MLS Listing ID 26942437
Bedrooms 6
HOA Y/N No
Year Built 1942
Lot Size 6,216 Sqft
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 C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Central
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Total Parking Spaces 5
Private Pool No
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5084032026
Special Listing Condition Standard
Listed by Christine Canillas Ashby & Graff #02047417
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