Welcome to 1867 and 1869 S. Cochran Ave, a detached duplex located in Mid City Heights, truly the center of LA. Located within close proximity to Culver City, Beverly Hills, Century City, Koreatown, and Downtown LA, this property has the possibility of great future income potential. Front unit… Read More (1867) is a 1bed/1bath at 657 sf and could potentially be rented around $1700 per month. Back unit (1869) is a 2bed/1bath at 1050sf and could potentially be rented at $2,900 per month. This lot is zoned RD1.5 which may allow an investor to build a dwelling unit per 1500 square foot of space. Up to 4 units may potentially be built on this lot, if variance is granted if the builder provides affordable housing units. Potentially, ADU's and Junior ADU's may be added on this lot. Check the Los Angeles Department of Building and Safety and Los Angeles City planning for exact possibilities. Sold as is. Both units are currently tenant occupied on month to month terms. Please do not disturb tenants or walk on the property. Showings are only allowed subject to proof of funds or bank pre-approval letter which should be emailed to [email protected]; please text 310-486-8191 once sent to confirm receipt of submission. Read Less
Property listed by Coldwell Banker Realty, Sina Aryeh 310-458-0091
Listing Snapshot
Days Online
36
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,707
Lot Size
0.14 Acres
Year Built
1949
MLS Number
24449611
30 Days Snapshot Of 90019
$1,484k
+7%
(avg) sold price
6
-62%
homes sold
83
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1949, Building area total: 1,707, Levels: One, Living area: 1707, 1 story, 2 buildings
Cooling
None
Income
Gross income: $55,200, Net operating income: $41,797
Laundry
Stacked
Lot
0.1355 acres, 5,904 square feet, Size: 5,904
Parking
2 totals parking, DoorMulti, Garage
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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