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    1166 S Cochran Ave

    Los Angeles, CA 90019
    • $2,525,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 21-706758
    $2,525,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,421
      SQFT
    • $738
      $/SQFT
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Ratings & Info

    Description

    5% Cap Rate on Day 1 - TURN-KEY 4-Plex in the Miracle Mile. Brand new A to Z gut-level renovation throughout ALL apartments. ALL units are (4) 2 Bedroom / 2 Bathroom apartment homes. ALL Four units have seen a full gut-level, down-to-the-studs renovation including all-new kitchens with new stainless-steel appliances, new washer and dryer, open floor plans, NEW ELECTRICAL, AIR CONDITIONING, PLUMBING, WINDOWS, CONCRETE DRIVEWAY & PARKING ... too much to mention here. First unit is leased for $3,395 and remaining 3 are vacant for benefit of buyer.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/115210015
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    1166 S Cochran Ave Los Angeles, CA 90019

    • Price: $2,525,000
    • Status: Active
    • MLS #: 21-706758
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,421
    SQFT
    $738
    $/SQFT
    1935
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    5% Cap Rate on Day 1 - TURN-KEY 4-Plex in the Miracle Mile. Brand new A to Z gut-level renovation throughout ALL apartments. ALL units are (4) 2 Bedroom / 2 Bathroom apartment homes. ALL Four units have seen a full gut-level, down-to-the-studs renovation including all-new kitchens with new stainless-steel appliances, new washer and dryer, open floor plans, NEW ELECTRICAL, AIR CONDITIONING, PLUMBING, WINDOWS, CONCRETE DRIVEWAY & PARKING ... too much to mention here. First unit is leased for $3,395 and remaining 3 are vacant for benefit of buyer.
    Exterior Features

    Covered Parking 3 Garage Structures Total 1 Lot Size Area 7341 Other Structures None Parking Garage AssignedGarage - 3 Car Style Modern Total Parking 6

    Interior Features

    Baths Total 8.00 Cooling Air ConditioningCentral Equipment Built-InsDishwasherDryerMicrowaveHood FanFreezerWasherRefrigeratorRange/Oven Flooring HardwoodTile Heating CentralWall Laundry In Unit

    Property Features

    Assessed Total Value 1358346 Gross Income 162960 Gross Operating Income 159701 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 124183.00 Number Of Buildings 1 Number Of Units 4 Property Condition Updated/RemodeledNew Construction Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasTrash Collection Total Annual Expense 35518 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Archie Robb DRE#02002291 of Keller Williams Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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