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    1106 S Cochran Avenue

    Los Angeles (City), CA 90019
    • $2,000,000
    • STATUS: Active
    • ON SITE: 204 days
    • ID#: SR21041002
    UPDATED: 23 min ago
    $2,000,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,542
      SQFT
    • $440
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    1106 S. Cochran Avenue is a magnificent French-Normandy Style fourplex located in the highly coveted Miracle Mile neighborhood of Los Angeles. The investment opportunity presents an ideal income property for either an owner user or an astute investor looking to acquire a 50% vacant value add asset. The property is comprised of 4 units in one two-story building which was constructed in 1936. This exquisite building totaling 4,542 building square feet is constructed of wood frame, flat roof, and painted plaster exterior with brick accent. The property is situated in the Historic Preservation Overlay Zone (HPOZ) on a large 6,898 square foot lot and zoned LAR3. HPOZ allows for a potential property tax reduction. Buyer to verify. These extremely spacious units at S. Cochran Avenue, two of which will be delivered vacant, average 1,135 square feet. The units are comprised of (2) 2 Bedroom + 1 Bath and (2) 1 Bedroom + 1 Bath units. Units are equipped with washer & dryer hookups, vaulted ceilings on 2nd floor and central A/C in select units. All units offer individual hot water heaters and are separately metered for gas and electricity. In addition to the charming architecture and well-preserved original in-unit amenities, units offer a front and rear unit entrance / exit, laundry room, pantry room, dining area, plenty of storage space and their own detached private enclosed garage.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T19:33:02.077. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
    www.bestsocalhomesearch.com/homes/114635282
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    1106 S Cochran Avenue Los Angeles (City), CA 90019

    • Price: $2,000,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: SR21041002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,542
    SQFT
    $440
    $/SQFT
    1936
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    1106 S. Cochran Avenue is a magnificent French-Normandy Style fourplex located in the highly coveted Miracle Mile neighborhood of Los Angeles. The investment opportunity presents an ideal income property for either an owner user or an astute investor looking to acquire a 50% vacant value add asset. The property is comprised of 4 units in one two-story building which was constructed in 1936. This exquisite building totaling 4,542 building square feet is constructed of wood frame, flat roof, and painted plaster exterior with brick accent. The property is situated in the Historic Preservation Overlay Zone (HPOZ) on a large 6,898 square foot lot and zoned LAR3. HPOZ allows for a potential property tax reduction. Buyer to verify. These extremely spacious units at S. Cochran Avenue, two of which will be delivered vacant, average 1,135 square feet. The units are comprised of (2) 2 Bedroom + 1 Bath and (2) 1 Bedroom + 1 Bath units. Units are equipped with washer & dryer hookups, vaulted ceilings on 2nd floor and central A/C in select units. All units offer individual hot water heaters and are separately metered for gas and electricity. In addition to the charming architecture and well-preserved original in-unit amenities, units offer a front and rear unit entrance / exit, laundry room, pantry room, dining area, plenty of storage space and their own detached private enclosed garage.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Washer Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features BikingCurbsParkStreet LightsSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 91332 Gross Scheduled Income 91332 Insurance Expense 2271 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupUpper Level Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalContractSubmit Net Operating Income 64061 New Construction YN No New Taxes Expense 25000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 2 Operating Expense 27271 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 91332 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar3

    Listing provided courtesy of Raymond Rodriguez of Keller Williams Realty Calabasas


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T19:33:02.077. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
     
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    Oak Hills CA, 92344