347 S Cochran Avenue

    Los Angeles (City), CA 90036
    • $2,550,000
    • STATUS: Active
    • ON SITE: 151 days
    • ID#: 18363634
    UPDATED: 69 min ago
    $2,550,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,961
      SQFT
    • $428
      $/SQFT
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    I am pleased to present the opportunity to acquire 347 South Cochran Avenue, an architecturally unique, six unit property located in the heart of the Miracle Mile submarket. Built in 1937, the subject property rep-resents an excellent buying opportunity given its prime location in Los Angeles and substantial upside potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. 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. Licensed in the State of California, USA.
    www.impactca.com/homes/85503715

    347 S Cochran Avenue Los Angeles (City), CA 90036

    • Price: $2,550,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 18363634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,961
    SQFT
    $428
    $/SQFT
    1937
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    I am pleased to present the opportunity to acquire 347 South Cochran Avenue, an architecturally unique, six unit property located in the heart of the Miracle Mile submarket. Built in 1937, the subject property rep-resents an excellent buying opportunity given its prime location in Los Angeles and substantial upside potential.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 2.35 Gross Multiplier 23.17 Gross Operating Income 112212.00 Improvements Amount 104289 Land Value 132560 Laundry YN Yes Net Operating Income 61147.00 Special Listing Conditions Standard Total Expenses 47699.00 Zoning Lar4

    Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. 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. Licensed in the State of California, USA.
     
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