1208 S Cochran Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1942
- Living area
- 3,557 sq ft
- Lot size
- 6,215 sq ft
- Parking
- 5 spaces
- Garage
- 2 spaces
- Stories
- 2
- Days on market
- 1
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Appliances
- Dishwasher
- Refrigerator
Parking
- Door Multi
- Garage
Pool
- None
Location & Neighborhood
Frequently Asked Questions About 1208 S Cochran Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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