$ 2,099,999
-
$2,099,999
Price -
6
Bed -
5
Bath -
3,557
SqFt -
0.14
Acre
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Open House Times
- Sat. Oct. 17 at 2:00pm to 5:00pm
About the Listing CLW-X81911 - CLW-C128192,CLW-C143304
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.
Listing Highlights for 1208 S Cochran Ave
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances: Dishwasher, Refrigerator
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 5
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units,Has ADU
- Sewer:
- Parking Features: Door-Multi,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5084032026
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1208 S Cochran Ave Los Angeles, CA 90019
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