1420 S Cochran Avenue 5070012008
Los Angeles, CA, 90019
$1,600,000
Beds
0 Baths
SqFt
0.16 Acres
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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.
LISTING AGENT: Filip Niculete
LISTING BROKERAGE: Marcus & Millichap
1420 S Cochran Avenue 5070012008
Los Angeles, CA

Property Details

Price:
$1,600,000
MLS #:
24470775
Status:
Active
Baths:
0
Address:
1420 S Cochran Avenue 5070012008
Type:
Land
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Dec 9, 2024
State:
CA
ZIP:
90019
Lot Size:
6,851 sqft / 0.16 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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