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Listed by Sarah Bae, DRE #01347138 • New Star Realty & Investment
$1,399,900
Est. payment /mo
4,725 Sqft Lot
Active
1293 S Cochran AVE Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26126825
Year Built 1936
Lot Size 4,725 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Exceptional investment opportunity in the heart of Mid-City Los Angeles - one of the city's most desirable and rapidly appreciating neighborhoods. This well-maintained 2-story duplex, built in 1936, offers 2,330 SF of total living space and features two identical units, each with 2 bedrooms, 1 bathroom, and a dedicated parking space. The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready - offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor. Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage - a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate. Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long - schedule your showing today.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Interior
Laundry Washer, Dryer
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 5085014030
Special Listing Condition Not Applicable

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