1867 S Cochran AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25084740
Year Built 1949
Lot Size 5,902 Sqft
Property Sub-Type Duplex
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 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
Zoning LARD1.5
Interior
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Building
Lot Description Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard