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$ 2,950,000
Est. payment /mo
Active
2718 S Cochran Avenue Los Angeles, CA 90016
7,903 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,903 sqft
Price per Sqft $373
MLS Listing ID CL26662345
HOA Y/N No
Year Built 1962
Lot Size 9,586 Sqft
Acres 0.2201
Property Sub-Type Other
Property Description
2718 S Cochran Ave | 12-Unit Multifamily in West Adams, Los Angeles. Built in 1962, this 12-unit residential income property sits on a 9,583 SF lot with 7,903 SF of improvements in a highly accessible West Adams rental corridor. The property features a diverse unit mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit, appealing to a broad tenant base including small families, roommates, and working professionals. Currently averaging approximately $2,042 per unit in monthly rent, the asset presents meaningful income growth potential as rents trend toward the projected market average of approximately $2,588 per unit, representing roughly 25% rental upside through natural tenant turnover and strategic rent optimization. Offered at $2,950,000 ($245,833/unit | $373.28/SF), the property currently operates at a 6.48% cap rate with the potential to achieve an 8.77% pro forma cap rate as rents stabilize.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5043013010
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.
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