2402 S Cochran Ave - Apartments FOR SALE


Los Angeles, CA 90016- Mid-City
$3,149,000 USD
818-859-7242
2402 S Cochran Ave, Los Angeles, CA for Sale
$3,149,000 USD
Apartments - FOR SALE
1/50
null | 5.53% Cap Rate

2402 S Cochran Ave
Los Angeles, CA 90016
Mid-City


HIGHLIGHTS

  • CURRENTLY 75% LEASED! CAN BE DELIVERED FULLY LEASED!
  • NO RENT CONTROL!
  • Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants!
  • Outstanding projected cap rate of 5.53%!
  • One of the best priced luxury new construction fourplexes in the Mid-City/ West Adams area.
  • All units separately metered. Tenants pay all utilities except for 1 electric house meter, making for minimal expenses.

OVERVIEW

The 2-4 Unit Specialists are excited to present 2402 S Cochran Ave, a brand-new, non-rent controlled, 75% LEASED fourplex in the heart of West Adams—one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street just moments from the trendy Highly Likely Café, this stunning property is projected to generate over $228,540 in annual rent, offering an exceptional return on investment. With housing availability at an all-time low, this new construction fourplex offers investors a rare opportunity to own a property with consistent rental demand. Given the increased need for quality housing, this is an investment that stands strong in today’s market. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom unit, all thoughtfully designed to maximize space and functionality. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind. Modern, open-concept layouts feature high-end designer finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2402 S Cochran Ave is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.

FOR SALE DETAILS

PRICE

$3,149,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

4

PRICE/UNIT

$787,250

CAP RATE

5.53%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

75% Leased Luxury OZ West Adams 2025 Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,554 SF

ZONING

LARD1.5

APN/PARCEL ID

5063-008-082

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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