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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
$ 850,000
Est. payment /mo
Active
1867 S Cochran AVE Los Angeles, CA 90019
5,904 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25084740
Year Built 1949
Lot Size 5,904 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property 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 large 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 5064001012
Special Listing Condition Not Applicable

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