Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48915500
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Disposal,Refrigerator,Dryer,Washer
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1952
- Building Area Total: 3,537
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1085
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 4727
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Listing Information
Listing Price Information
- Original List Price: 1,795,000
- Listing Contract Date: 2025-03-10
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5085014031
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Private
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C19 - Beverly Center-Miracle Mile
- Postal Code Plus 4: 2893
- Directions: 1287 S. Cochran Avenue | Los Angeles, CA 90019
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C19 - Beverly Center-Miracle Mile
Building and Construction
- Property Age: 73
- Year Built Source: Estimated
- Total Square Feet Living: 3537
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/13/2025 @ 10:43
- MLS: 25509505
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 3,537 sqft, 4,727 sized lot, and 0 parking. are nearby neighborhoods.