1420 S Cochran Ave - Residential LAND FOR SALE


Los Angeles, CA 90019- Mid-City6,852 SF
$1,450,000 USD
818-212-2748
1420 S Cochran Ave, Los Angeles, CA for Sale
$1,450,000 USD
Residential LAND - FOR SALE
1/4
6,852 SF

1420 S Cochran Ave
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Flexible Development Options
  • Demo Already Complete
  • Rear Alley Access for ADUs
  • Desirable Unit Mix for Renters
  • Prime Mid-City Location
  • Easy Freeway Access

OVERVIEW

The LAAA Team at Marcus & Millichap is proud to present a premier development opportunity at 1420 S Cochran Ave, located in the vibrant and rapidly growing Mid-City neighborhood of Los Angeles. This versatile site is ideal for a developer seeking to capitalize on the area’s demand for thoughtfully designed housing. The property offers two compelling development options: Option 1: Boutique 6-Unit Development Maximize value through a double duplex layout with two additional ADUs, accessible via a rear alley. The plan allows for a highly marketable unit mix, including: -Four 3-story Townhome-style units (4-bedroom / 3-bath each) -Two 2-story ADU units (3-bedroom / 2-bath each) The site benefits from SB8 clearance, and the previous structure has already been demolished, offering a clear and expedited path to construction. Option 2: 13-Unit Apartment Building Alternatively, pursue the existing plans for a larger-scale project with approximately 19,058 SF of gross building area, featuring: -Two 1-bedroom / 1-bath units -Eight 2-bedroom / 2-bath units -Three 3-bedroom / 3-bath units -Two units are designated for very low-income tenants

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/ACRE

$9,220,730/AC

PRICE/SF

$212 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Single Family Development, Single Family Residence

LAND ACRES

0.16 AC

LAND SF

6,850 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RD1.5-1-0

APN/PARCEL ID

5070-012-008

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.