$2,099,999

Residential Income In Los Angeles

  • 6 Beds
  • 5 Baths
  • 3,557 Sqft
  • 6,215 Sqft lot
  • Updated: Yesterday
  • Source:
    The MLS (CLAW)  MLS#26942437

About the Property

1031 EXCHANGE & INVESTOR OPPORTUNITY! Turnkey, fully renovated four-unit property in Mid-City Los Angeles, delivered 100% VACANT and ready for immediate lease-up at current market rents no inherited tenants and no tenant displacement. The property consists of a triplex featuring a 2BD/2BA, 2BD/1BA and 1BD/1BA, plus a permitted 1BD/1BA ADU. Extensive renovations include new roof and gutters, ne
1031 EXCHANGE & INVESTOR OPPORTUNITY! Turnkey, fully renovated four-unit property in Mid-City Los Angeles, delivered 100% VACANT and ready for immediate lease-up at current market rents no inherited tenants and no tenant displacement. The property consists of a triplex featuring a 2BD/2BA, 2BD/1BA and 1BD/1BA, plus a permitted 1BD/1BA ADU. Extensive renovations include new roof and gutters, new electrical and plumbing systems, new HVAC, tankless water heaters, stainless steel appliances, restored original hardwood floors, new concrete driveway and backyard, and quality finishes throughout. Projected rents total $13,700/month / $164,400 annually. Offered at $2,099,999, representing a projected 12.77 GRM and 7.83% gross rental yield. An exceptional replacement-property opportunity for 1031 exchange buyers, investors, or an owner-user seeking income potential. Four legal units + turnkey condition + vacant delivery = immediate control of your investment from Day One. Buyer to independently verify all information, including permits, unit configuration, square footage, projected rents and financial performance.
  • Property type

    Other

  • Floors

    2

  • Year built

    1942

  • Price/sqft

    $590

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1208 S Cochran Avenue, Los Angeles, California, United States View on Google Maps
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Ashby & Graff - Los Angeles

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Ashby & Graff - Los Angeles
California, United States
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3
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2025
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Ashby & Graff - Los Angeles
Los Angeles, California, United States
View agency profile
Last updated
Yesterday
First listed
Sep 21
Listing reference
26942437
Listing status
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