1208 S Cochran Avenue, Los Angeles, CA 90019
- $2,099,999
- 6
- BD
- 5
- BA
- 3,557
- SqFt
- List Price
- $2,099,999
- Status
- COMING SOON
- MLS#
- 26942437
- Year Built
- 1942
- Bedrooms
- 6
- Bathrooms
- 5
- Living Sq. Ft
- 3,557
- Lot Size
- 6,215
- Acres
- 0.14
- Days on Market
- 9
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
1031 EXCHANGE & INVESTOR OPPORTUNITY! Turnkey, fully renovated four-unit property in Mid-City Los Angeles, delivered 100% VACANT and ready for immediate lease-up at current market rents no inherited tenants and no tenant displacement. The property consists of a triplex featuring a 2BD/2BA, 2BD/1BA and 1BD/1BA, plus a permitted 1BD/1BA ADU. Extensive renovations include new roof and gutters, new electrical and plumbing systems, new HVAC, tankless water heaters, stainless steel appliances, restored original hardwood floors, new concrete driveway and backyard, and quality finishes throughout. Projected rents total $13,700/month / $164,400 annually. Offered at $2,099,999, representing a projected 12.77 GRM and 7.83% gross rental yield. An exceptional replacement-property opportunity for 1031 exchange buyers, investors, or an owner-user seeking income potential. Four legal units + turnkey condition + vacant delivery = immediate control of your investment from Day One. Buyer to independently verify all information, including permits, unit configuration, square footage, projected rents and financial performance.
Additional Information
- Appliances
- Dishwasher, Refrigerator
- Pool Description
- None
- Heat
- Central
- Garage Spaces Total
- 2
- Attached Structure
- Attached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Christine Canillas (Mschriscanillas@gmail.com) from Listing Office: Ashby & Graff.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.