1420 S Cochran Ave, Los Angeles, CA | Mid City

  • $1,600,000
  • Lot
  • Property Type
FOR_SALE
1420 S Cochran Ave, Los Angeles, CA | Mid City
  • $1,600,000

Description

About This Property

Home for Sale in Mid City, CA
We are pleased to present a prime development opportunity at 1420 S Cochran Ave, Los Angeles, CA.This project is nearly ready for construction, with plans that are close to approval and on the verge of becoming Ready to Issue (RTI). The old structure on the lot has already been demolished, enabling an expedited start date for construction.The plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. The proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.Situated in the Mid-City neighborhood of Los Angeles, 1420 S Cochran Ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.This central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. It is just a short drive from popular attractions such as LACMA, The Grove, and The Farmers Market. The area is also rated as “Very Walkable” by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.


Facts & Features

Interior

Heating

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Appliances

  • Laundry features: Laundry Room,


Property

Parking

  • Total spaces: 0
  • Parking features: , ,
  • Covered spaces:

Property

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Lot Features:


Utilities

  • Sewer information:
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Community & Neighborhood

Local Schools

  • Saturn Street Elementary School
    • Distance: 0.2
    • Rating: 5
    • Level: Elementary
    • Grades: K-5
    • Link: https://www.greatschools.org/california/los-angeles/2376-Saturn-Street-Elementary-School/
    • Type: Public
  • Emerson Community Charter School
    • Distance: 4.8
    • Rating: 6
    • Level: Middle
    • Grades: 6-8
    • Link: https://www.greatschools.org/california/los-angeles/2058-Emerson-Community-Charter-School/
    • Type: Charter
  • Fairfax Senior High School
    • Distance: 2.4
    • Rating: 6
    • Level: High
    • Grades: 9-12
    • Link: https://www.greatschools.org/california/los-angeles/2068-Fairfax-Senior-High-School/
    • Type: Public
  • High School District:

 

Other financial information

  • Buyer agency compensation:

Marcus & Millichap, Filip Niculete

 

© 2024 The MLS™ – Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ – Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Details

Property ID
24-470775
Land Area
6,851 sqft Sq Ft.
Updated on December 15, 2024 at 3:39 am

Address

  • Address 1420 S Cochran Ave
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Area Mid City
  • Country US

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