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Image 1 - 1287 S Cochran Ave, Los Angeles, California, 90019 - House for sale
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Home For Sale In Los Angeles, California
1287 S Cochran Ave, Los Angeles, California, 90019

Home For Sale In Los Angeles, California

house for sale
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Listed: 05/17/24

1287 S Cochran Ave, Los Angeles, California, 90019

7 Bed:
6 Bath:
3,537 Sq Ft Living Area:
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Price
$ 1,9M

About This House

We pleased to offer the opportunity to acquire this six (6) unit multifamily investment opportunity located at1287 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 of3, 537on a4, 725-square foot lot, zoned LAR3. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of five (5) spacious 1+1 units and one (1) 2+1 unit. Three (3) units will be delivered vacant, and the asset is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, in-unit washer and dryers, secured gated entry, five (5) on-site parking garages, updated copper plumbing, and individually metered for gas and electricity.

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Miracle Mile Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.