1426 S Cochran Avenue
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 6,850 sqft lot
- 1967 build
- – on site
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Nice looking gated 8 Unit Apartment Building in Wilshire Vista Area of Mid LA. Building completed Soft Story Retrofit in April of 2020. Building has 11 Bedrooms with 9 baths. There are 6 One bedroom one bath units, One 2 bedroom 1 bath unit and a 3 bedroom 2 bath unit. Probate Administrator has full authority to accept offer without going to court. A couple of units have been remodeled. Partial copper plumbing and some units have wood flooring, others with Laminate flooring. Coin operated laundry room. Current Annual gross income of $163,164 per year. All tenants are current on rents with no rental issues. Building is self managed with low expenses. For the new buyer the Cap rate is 5.72% and a cash on cash return of 6.45%. Bring all offer at 12.87 GRM this could be deal for someone!
Last checked:
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Last updated Mar 3, 2023
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MLS# PF22037024 —
The Building
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Year Built:1967
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:6994.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Architectural Style:Traditional
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Roof:Composition
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Stories Total:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Flooring:Carpet, Laminate, Wood
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Number Wall AC:8
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Laundry:Common Area, Individual Room
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:South of Pico West of La Brea
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Latitude:34.04737700
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Longitude:-118.35269800
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Features:Level with Street, Near Public Transit
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Lot Size Area:6850.0000
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Lot Size Acres:0.1573
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Lot Size SqFt:6850.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:1
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Tax Tract:1740
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Tax Lot:9
The Listing
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Special Listing Conditions:Probate Listing
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Parcel Number:5070012009
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Neighborhood:Wilshire Vista
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Features:Sidewalks
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Inclusions:refrigerators and stoves owned by seller
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Extra Units
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Number With Refrigerator:8
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).
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®
View a full reportThis 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 |
|---|---|---|---|---|
|
3/29/22
Mar 29, 2022
|
Sold | CRMLS_CA | $2,280,000 | 8.6% |
|
3/8/22
Mar 8, 2022
|
Pending | CRMLS_CA | $2,100,000 | |
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2/25/22
Feb 25, 2022
|
Listed / Active | CRMLS_CA | $2,100,000 |
