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$ 1,399,900
Est. payment /mo
New
1293 S Cochran AVE Los Angeles, CA 90019
4,726 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26126825
HOA Y/N No
Year Built 1936
Lot Size 4,726 Sqft
Property Sub-Type Duplex
Property Description
Exceptional investment opportunity in the heart of Mid-City Los Angeles — one of the city's most desirable and rapidly appreciating neighborhoods. This well-maintained 2-story duplex, built in 1936, offers 2,330 SF of total living space and features two identical units, each with 2 bedrooms, 1 bathroom, and a dedicated parking space.
The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready — offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor.
Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage — a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate.
Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long — schedule your showing today.
The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready — offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor.
Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage — a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate.
Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long — schedule your showing today.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5085014030
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Sarah Bae New Star Realty & Investment #01347138