1358 S Cochran Avenue

    Los Angeles (City), CA 90019
    • $2,100,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 19539404
    UPDATED: 17 min ago
    $2,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Don't pass this one up! This is a rare chance to own in desirable Wilshire Vista Heights. This clean 8 unit building is a classic example of a well maintained mid-century modern property in a rapidly improving neighborhood. The units are all 1 BR/1BA and have many improvements including new floors, updated kitchens, etc.. The plumbing is all copper, there is a new 100 gal Boiler and no seismic retrofit is required. There are 7 on-site parking spaces. The location is ideal- just a few blocks from the new Target/Sprouts Farmers market on La Brea and the Mid-Town Crossing center. This is a solid 4%+ cap with current rents and increasing demand demand will steadily improve cash flow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T16:32:07.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102061126

    1358 S Cochran Avenue Los Angeles (City), CA 90019

    • Price: $2,100,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 19539404
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1954
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Don't pass this one up! This is a rare chance to own in desirable Wilshire Vista Heights. This clean 8 unit building is a classic example of a well maintained mid-century modern property in a rapidly improving neighborhood. The units are all 1 BR/1BA and have many improvements including new floors, updated kitchens, etc.. The plumbing is all copper, there is a new 100 gal Boiler and no seismic retrofit is required. There are 7 on-site parking spaces. The location is ideal- just a few blocks from the new Target/Sprouts Farmers market on La Brea and the Mid-Town Crossing center. This is a solid 4%+ cap with current rents and increasing demand demand will steadily improve cash flow.
    Exterior Features

    Carport Spaces 6.00 Lot Size Source Assessor Parking Features Covered Parking Total 6.00 Parking YN Yes

    Property Features

    Gross Income 135276.00 Gross Multiplier 15.52 Gross Operating Income 129865.00 Insurance Expense 2800.00 Maintenance Expense 3600.00 Net Operating Income 88733.00 Other Expense 150.00 Senior Community YN No Special Listing Conditions Standard Trash Expense 1620.00 Water Sewer Expense 4200.00 Zoning Lar3

    Listing provided courtesy of Keith Moret of Keller Williams Beach Cities


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-20T16:32:07.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711