1287 S Cochran Avenue
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 4,727 sqft lot
- 1952 build
- – on site
We are pleased to present an exceptional opportunity to acquire this turnkey six (6)-unit multifamily investment property located at 1287 S. Cochran, in the City of Los Angeles. This two-story, single structure was constructed of wood frame and stucco on a raised foundation built in 1952 with a square footage of 3,537 on a 4,725-square foot lot, zoned LAR3. The property has been reinforced and upgraded to meet the latest city codes and regulations.The unit mix includes five (5) spacious 1-bedroom + 1-bathroom units and one (1) 2-bedroom + 1-bathroom unit. One of the 1-bedroom units (Unit #3) will be delivered vacant. The property is subject to the City of Los Angeles rent control regulations.This investment features generous floor plans, a secure gated entry, four (4) on-site parking spaces, updated copper plumbing, and separately metered for gas and electricity. Significant upgrades include the elimination of hallways to increase bathroom sizes, new drywall where needed, and the installation of all-new glazed doors and double-pane vinyl windows. The property has also been fully renovated with new plumbing and drainage, including connections to the sewer system, and individually ducted package AC systems. The exterior has been renovated and tiled, while the interior boasts refinished and new floors, including vinyl and tile. The bathrooms are finished with stylish subway tiles, and the kitchens feature modern cabinetry with granite countertops and travertine floors. Each unit is equipped with a washer/dryer, dishwasher, self-cleaning ovens, and new appliances. Additionally, the property benefits from a new electrical system, including a 100-amp service and updated lighting throughout. A new roof has been installed, and the property is fully fenced with an automatic gate. This well-maintained, pride of ownership property presents a prime investment opportunity, offering both immediate cash flow and strong potential for future appreciation in a rapidly developing area. The investment is currently priced at a 6.53% Cap Rate & 12x GRM. Email for the Executive Summary/ Financial Analysis.
Last checked:
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Last updated Mar 11, 2025
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MLS# 25509505 —
The Building
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Year Built:1952
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Year Built Source:Estimated
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New Construction:No
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Building Area Total:3537.00
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:1287 S. Cochran Avenue | Los Angeles, CA 90019
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Latitude:34.05132900
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Longitude:-118.35171900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:4727.0000
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Lot Size Acres:0.1085
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Lot Size SqFt:4727.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5085014031
Heating & Cooling
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Heating:1
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Heating:Central
Appliances
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Appliances:Disposal, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Private
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/10/25
Mar 10, 2025
|
Listed / Active | CRMLS_CA | $1,795,000 | |
|
5/13/24
May 13, 2024
|
Listed / Active | CRMLS_CA |
