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$ 1,795,000
Est. payment | /mo
3,537 SqFt
$ 1,795,000
Est. payment | /mo
3,537 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,537 sqft
Price per Sqft $507
MLS Listing ID CL25509505
HOA Y/N No
Year Built 1952
Lot Size 4,727 Sqft
Acres 0.11
Property Sub-Type Other
Property 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 refini
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5085014031
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Listed by Davis Saadian • Keller Williams Hollywood Hills
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447