714-452-7321
01889831
Back to search
CA
Los Angeles
Los Angeles
C16 - Mid Los Angeles
90019
Search similar
CA
Los Angeles
Los Angeles
C16 - Mid Los Angeles
90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
20 Photos
Unsave
Save

$3,150,000

1514 S Cochran, Los Angeles, CA, 90019

ACTIVE
20 Photos
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
Unsave
Save
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019
1514 S Cochran, Los Angeles, CA, 90019

Information

Price: $3,150,000
Days On Market: 24
Year Build: 1957
Square Footage: 9,166 Sq ft
Bedrooms: 16

Details

Address: 1514 S Cochran
County: Los Angeles
City: Los Angeles
Neighborhood: C16 - Mid Los Angeles
Zip: 90019
State: California

Description

Huge 450k Price Reduction! Value-Add 12 Unit building with 4 Fully Renovated units (2 vacant) in the highly coveted Mid-City area priced at only 262k/door and $344/SF. Amazing Current Cap Rate of 5% and 13.8 GRM with an incredible 85% upside to 10.7% Cap Rate and 7.5 GRM on proforma. The property features a diverse unit mix consisting of 8 Large (1bed/1bath) and 4 (2bed/1bath) units. 4 of the units have been fully remodeled with permits and boast new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, and a washer/dryer inside. All units are Individually metered for gas & electricity. The 9,166 SF of improvements sits on a large 12,230 double lot with parking in the back. Preliminary plans to add 3 attached ADUs in Carport + 2 detached ADUs. Solid 85 walk score, easy access to public transit, and freeways, situated minutes from The Grove, Beverly Center, Cedars-Sinai as well as the upcoming UCLA hospital and other major developments. In addition to the solid fundamentals, the property offers a new owner over 85% in achievable income upside potential. This amazing 12-unit multi-family investment property has undergone major exterior improvements as well and has been well maintained and cared for with a stable income stream ready to be taken to the next level!

Location

Map

Similar Listings

1514 S Cochran, Los Angeles, CA, 90019
1843 W 20th, Los Angeles, CA, 90007
MLS# 23254639
ACTIVE
$3,095,000
16 Beds
1514 S Cochran, Los Angeles, CA, 90019
2636 Virginia, Los Angeles, CA, 90016
MLS# 22213147
ACTIVE
$3,250,000
16 Beds
15 Baths
1514 S Cochran, Los Angeles, CA, 90019
1625 VINEYARD, Los Angeles, CA, 90019
MLS# 23236235
ACTIVE
$3,425,000
16 Beds
9 Baths

No similar listings found

Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Print Details
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 4th June, 2023 6:34 AM (UTC)
Listing Agent: Armin Soleimani
Listing Office: Global Platinum Properties, Inc.
Attribution contact: 818-524-0706