Log In/Sign Up
Your email has been sent.
2718 S Cochran Ave 12 Unit Apartment Building $4,006,100 CAD ($333,842 CAD/Unit) 6.48% Cap Rate Los Angeles, CA 90016
Investment Highlights
- Significant Rental Upside Through Rent Optimization
- Centrally Located West Adams Rental Corridor
- Stable In-Place Income with Immediate Cash Flow
Executive Summary
2718 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. 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
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
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,006,100 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $333,842 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 6.48% | Building Size | 7,903 SF |
| Gross Rent Multiplier | 10.03 | No. Stories | 2 |
| No. Units | 12 | Year Built | 1962 |
| Property Type | Multifamily | Parking Ratio | 1.39/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R3-1, Los Angeles - Multiple Dwelling | ||
| Price | $4,006,100 CAD |
| Price Per Unit | $333,842 CAD |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| Gross Rent Multiplier | 10.03 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,903 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.39/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3-1, Los Angeles - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Pantry
- Window Coverings
Site Amenities
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,941 CAD | 659 |
| 1+1 | 5 | $2,412 CAD | 659 |
| 2+1 | 6 | $3,214 CAD | 659 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5043-013-010 | Improvements Assessment | $1,718,802 CAD |
| Land Assessment | $2,026,230 CAD | Total Assessment | $3,745,032 CAD |
Property Taxes
Parcel Number
5043-013-010
Land Assessment
$2,026,230 CAD
Improvements Assessment
$1,718,802 CAD
Total Assessment
$3,745,032 CAD
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2718 S Cochran Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.