Address
1106 S Cochran Avenue Los Angeles, CA
Price
$ 2,000,000
Property Attributes
  • MLS#SR21041002
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90019
  • Style
  • Price$ 2,000,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size6,898 SqFt
Listing Provided Courtesy Of:
Raymond Rodriguez with Keller Williams Realty Calabasas.
Data Source:
CRMLS
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.

Price History
3/1/2021 Listed $2,000,000

General Features

Appliances Washer
Community Features Biking, Curbs, Park, Street Lights, Sidewalks, Urban
Garage Spaces 4
Garage Y/N Yes
Levels Two
Listing Agent Raymond Rodriguez - BRE#01402283
Listing Agent State License 01402283
MLS Area C17 - Mid-Wilshire
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Stories 2
Terms Cash, Cash to New Loan, Conventional, Contract, Submit
Total Actual Rent 91332
Total Units 4
Zoning LAR3

Interior Features

Common Walls 2+ Common Walls
Laundry Features Washer Hookup, Electric Dryer Hookup, Upper Level

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.16
Lot Size Area 6898
Lot Size Source Assessor
Lot Size Square Feet 6898
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 4
Total Parking 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90019

Price
AVG $1.78M
$2M
Visits
AVG 37
15
Year Built
AVG 1927
1936
Walkscore
AVG 84
84
Data Provided by Walkscore ® not using MLS data

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