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Multifamily

636 South Cochran Ave

636 S Cochran Ave, Los Angeles, CA 90036

Listing Price: $7,500,000

Cap Rate
3.90%
Number of Units
32
Price/Unit
$234,375
Price/Gross SF
$351.78
Gross SF
21,320

Investment Overview

We are pleased to present The Stanford Apartments located at 636 S. Cochran Avenue – A 32 Unit apartment building located in the Miracle Mile district of Los Angeles. Built in 1928, the property consists of Eight (8) One Bedroom Units, and Twenty Four (24) Studio Units. Both Unit types are comprised of units with varying sizes allowing an investor to appeal to variety of tenants needs. The 21,320 sf building is located on a 7,802 sf lot and is zoned LAR4. 636 S. Cochran Avenue allows investors an opportunity to acquire a very well maintained investment property with significant upside potential. The building is located at the epicenter of Los Angeles, just blocks from the CBS Studios and benefits from its immediate proximity to the Grove, Park La Brea, LACMA, as well as the many shops on Melrose Ave. The immediate area boasts a dense and affluent residential and daytime population with incomes in excess of $130,000/yr.

Investment Highlights

  • Strong Miracle Mile Location
  • Long Term Owner
  • Charming Value Add Property

Exclusively Listed By

Financing By

Multifamily

636 South Cochran Ave

Listing Price: $7,500,000

Cap Rate
3.90%
Number of Units
32
Price/Unit
$234,375
Price/Gross SF
$351.78
Gross SF
21,320

Investment Highlights

  • Strong Miracle Mile Location
  • Long Term Owner
  • Charming Value Add Property

Investment Overview

We are pleased to present The Stanford Apartments located at 636 S. Cochran Avenue – A 32 Unit apartment building located in the Miracle Mile district of Los Angeles. Built in 1928, the property consists of Eight (8) One Bedroom Units, and Twenty Four (24) Studio Units. Both Unit types are comprised of units with varying sizes allowing an investor to appeal to variety of tenants needs. The 21,320 sf building is located on a 7,802 sf lot and is zoned LAR4. 636 S. Cochran Avenue allows investors an opportunity to acquire a very well maintained investment property with significant upside potential. The building is located at the epicenter of Los Angeles, just blocks from the CBS Studios and benefits from its immediate proximity to the Grove, Park La Brea, LACMA, as well as the many shops on Melrose Ave. The immediate area boasts a dense and affluent residential and daytime population with incomes in excess of $130,000/yr.

Exclusively Listed By

Financing By

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