Skip to main content

Multifamily

1210 S Cochran Ave

1210 S Cochran Ave, Los Angeles, CA 90019

Listing Price: $2,195,000

Cap Rate
3.75%
Number of Units
3
GRM
17.59
Occupancy
97.0%
Price/Unit
$731,667
Price/Gross SF
$681.04
Gross SF
3,223

Investment Overview

Marcus & Millichap is pleased to present 1210 S Cochran Ave, Los Angeles, CA 90019 located in desirable neighborhood of Miracle Mile. This triplex was built in 1942, and was extensively remodeled in 2020. The subject property has been reinforced and upgraded in compliance with city codes and regulations. The two story building consists (1) one bedroom / one bathroom unit, (1) two bedroom / one bathroom unit and (1) two bedroom / two bathroom unit, within 3,223 rentable square feet. Updated features including plumbing, newly painted exterior, new tankless water heater, smooth stucco, landscaping, outdoor patio, repaved driveway, foundation completely retrofitted. Each unit boasts meticulous craftsmanship throughout, including double pane windows. newer stainless steel appliances, caesar stone counter-tops, built-in cabinetry, washer/dryer, and tank-less hot water heater, wine cellar, central AC/Heat with Nest control system or mini splits, hardwood flooring, and recessed lighting. Automated garages for each unit. Communal yard with seating area, grill and lighting.
The property is in close proximity to many amenities including the El Rey Theatre, LAMCA, the Grove, Met Her At a Bar, All Season Brewing Co., Commerson, Lassens Natural Foods and Target. It is 2 miles away from the brand-new state of the art Kaiser Permanente and only 3 short miles to Culver City, home of several notable corporate companies including Apple Computers and Sony Pictures. This property is a great opportunity for an investor who is interested in capitalizing on current low-interest rates in a strong Los Angeles rental submarket.

Investment Highlights

  • Highly Sought-After Miracle Mile Neighborhood
  • Turn Key Asset
  • Extensively Remodel Triplex
  • Well Maintained Property
  • Nearby LACMA, El Rey Theatre, & Many Local Restaurants

Exclusively Listed By

Financing By

Listing Price: $2,195,000

Cap Rate
3.75%
Number of Units
3
GRM
17.59
Occupancy
97.0%
Price/Unit
$731,667
Price/Gross SF
$681.04
Gross SF
3,223

Investment Highlights

  • Highly Sought-After Miracle Mile Neighborhood
  • Turn Key Asset
  • Extensively Remodel Triplex
  • Well Maintained Property
  • Nearby LACMA, El Rey Theatre, & Many Local Restaurants

Investment Overview

Marcus & Millichap is pleased to present 1210 S Cochran Ave, Los Angeles, CA 90019 located in desirable neighborhood of Miracle Mile. This triplex was built in 1942, and was extensively remodeled in 2020. The subject property has been reinforced and upgraded in compliance with city codes and regulations. The two story building consists (1) one bedroom / one bathroom unit, (1) two bedroom / one bathroom unit and (1) two bedroom / two bathroom unit, within 3,223 rentable square feet. Updated features including plumbing, newly painted exterior, new tankless water heater, smooth stucco, landscaping, outdoor patio, repaved driveway, foundation completely retrofitted. Each unit boasts meticulous craftsmanship throughout, including double pane windows. newer stainless steel appliances, caesar stone counter-tops, built-in cabinetry, washer/dryer, and tank-less hot water heater, wine cellar, central AC/Heat with Nest control system or mini splits, hardwood flooring, and recessed lighting. Automated garages for each unit. Communal yard with seating area, grill and lighting.
The property is in close proximity to many amenities including the El Rey Theatre, LAMCA, the Grove, Met Her At a Bar, All Season Brewing Co., Commerson, Lassens Natural Foods and Target. It is 2 miles away from the brand-new state of the art Kaiser Permanente and only 3 short miles to Culver City, home of several notable corporate companies including Apple Computers and Sony Pictures. This property is a great opportunity for an investor who is interested in capitalizing on current low-interest rates in a strong Los Angeles rental submarket.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower