1287 S Cochran Avenue, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties
1287 S Cochran Avenue Los Angeles, CA 90019
$1,795,000 7 beds, 6 baths
3, 537 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25509505
List price is $1,795,000
Beds: 7
Baths: 6
Built in 1952
3,537 sqft
2 stories
0.11 acres
Lot size: 0.1085
County: Los Angeles
Zoning: LAR3
Appliances: Disposal,Refrigerator,Dryer,Washer
Parking description: Private
Heating description: Central
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 6/3/2025

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.051329, -118.351719.
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Listing Agent: Davis Saadian
Lic#: 01234982
Office Name: Mission Viejo

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