2718 S Cochran Ave - Apartments FOR SALE


Los Angeles, CA 90016- West Adams
$3,000,000 USD
916-996-4421
2718 S Cochran Ave, Los Angeles, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/36
null | 6.36% Cap Rate

2718 S Cochran Ave
Los Angeles, CA 90016
West Adams


OVERVIEW

Property Overview?2 718 S Cochran Ave is a 12-unit multifamily investment opportunity located in the West Adams submarket of Los Angeles, a centrally positioned residential corridor supported by strong and consistent rental demand. Built in 1962, the property sits on a 9,583 SF lot and totals 7,903 SF of improvements, featuring a balanced unit mix of (6) two-bedroom units, (5) one-bedroom units, and (1) studio unit that appeals to a broad tenant base.The asset offers stable in-place income with meaningful rental upside through strategic rent optimization. Current rents average approximately $2,042 per unit compared to projected market rents of approximately $2,588 per unit, representing roughly 25% rental upside as leases naturally turn over. Offered at $3,000,000 ($250,000 per unit / $379.60 per square foot), the property presents investors with immediate cash flow and a clear value-add opportunity in a centrally located Los Angeles submarket with durable long-term rental demand. Investment Highlights Significant Rental Upside Through Rent Optimization Balanced Unit Mix Supporting Broad Tenant Demand Stable In-Place Income with Immediate Cash Flow Compelling Value-Add Investment in a Central LA Location Centrally Located West Adams Rental Corridor

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

12

PRICE/UNIT

$250,000

CAP RATE

6.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

5043-013-010

ASK ABOUT THIS PROPERTY

Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

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Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

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