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Jacob Raabe

jacob@raabeproperties.com +1(949) 478-2551

$ 2,490,000

Est. payment | -/mo

8 Beds

6 Baths

7,348 SqFt

Save

$ 2,490,000

Est. payment | -/mo

Save

8 Beds

6 Baths

7,348 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,348 sqft

Price per Sqft $338

MLS Listing ID 26671317

Bedrooms 8

HOA Y/N No

Year Built 1939

Lot Size 10,214 Sqft

Property Description

1202 S Cochran Avenue is a meticulously maintained 6-unit property located in the Mid-Wilshire neighborhood of Los Angeles, just north of San Vicente Boulevard. Built in 1939 and situated on an oversized 10,213 square foot R3 corner lot, the property offers large units, condo-quality renovations, and fully upgraded systems with newer electrical and copper plumbing. Totaling approximately 7,348 square feet of living space, units average an expansive 1,225 square feet each and consist of (4) one-bedroom / one-bathroom and (2) two-bedroom / one-bathroom layouts. Current rents are close to market, with one-bedrooms averaging $2,828 per month and two-bedrooms averaging $3,417 per month. Each unit has been thoughtfully remodeled with condo-level finishes, including hardwood floors, stainless steel appliances (Viking stoves), granite countertops, travertine flooring, recessed lighting, and in-unit washer/dryer. Bathrooms feature marble countertops, stall showers with body sprayers, whirlpool tubs, and high-end finishes throughout. The property has also undergone major capital improvements, including copper plumbing, upgraded electrical systems, newer dual-pane windows, and central heating and air conditioning in all units. Each unit is individually metered with its own furnace and water heater, both located in the basement. The property is fully gated and secured, and parking includes (2) two-car garages, (2) one-car garages, and uncovered space for 2-4 more vehicles (8-10 total parking spaces). The low expense profile is further supported by minimal landscaping and tenant-covered trash expenses. The detached garage configuration and oversized corner lot present strong ADU potential, including the possibility of additional units under SB-1211 (Buyer to Verify), offering investors a clear path to increased density and maximized value.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer

Exterior

Parking Features Door-Multi, Door-Single, Garage, Uncovered

Garage Spaces 6.0

Garage Description 6.0

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5084032025

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc. #02128816

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 478-2551

jacob@raabeproperties.com

1202 S Cochran AVE Los Angeles, CA 90019

Jacob Raabe

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1202 S Cochran AVE