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630 S Cochran Avenue

Los Angeles, CA 90036
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Bed 12

Bed

Bath 0

Bath

SqFt9,196

Sqft

SqFt7,804

Sqft(Lot)

Well maintained 12-unit apartment building in a Prime Miracle Mile locationNorth of Wilshire and West of La Brea. Extremely strong rental demand area with strong income producing unit mix including (12) large 1-bedroom/1-bathroom units averaging 766 sqft. Rare opportunity to purchase a Pro Forma High 7% cap rate. Four units will be delivered vacant, providing new ownership the ability toclose escrow with 33% of the building vacant. Significant and recent (2025) capital improvements include a brand new main electrical panel, brand new sub panels, brand new electrical wiring, a brand-new roof, new horizontal sewer pipes under building, new 100-gallon water heater, and new sump pumps. Recently passed insurance inspections. Only two units have undergone light upgrades, leaving a sophisticated investor the opportunity to complete more thorough unit level and common area renovations to achieve 20% rental upside. Further opportunities to increase cash flow include implementing Ratio Utility Billing Systems (RUBS),renting out storage closets, and increasing the building's curb appeal and upgrading the building common areas. Almost all units will be eligible for rent increases on12/1/2026. Building is master metered for gas, tenants pay for trash, and there is no parking. On-site laundry machines are landlord owned. Professionally managed and cared for property. The building offers a rare value add opportunity whereby significant capital improvements have been recently completed and there is still substantial rental upside.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,495,000

AD Id : 77024205

MLS Id : 26716803

Beds : 12

Lot Size : 7,804 Sqft

Living Area Size : 9,196

Year Built : 1927

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 12
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1927
    Building Area Total: 9196
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7804 Lot Size Acres: 0.1792 Lot Size Square Feet: 7,804

  • Listing Price Information

    Listing Price: $2495000
    Original Price: $2700000

  • Tax Information

    Parcel Number: 5508009019

  • Location Information

    Direction: Take Wilshire Blvd going east from Beverly Hills. Make a left on Cochran Ave
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Nearby Home Value

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520 N Citrus Avenue, Los Angeles, CA, 90036 $1,849,000 3 2 1,519 1,519 SqFt
187 N Citrus Avenue, Los Angeles, CA, 90036 $2,699,000 3 3 2,332 2,332 SqFt
619 N Sycamore Avenue, Los Angeles, CA, 90036 $869,000 2 2 1,093 1,093 SqFt
506 N Sycamore Avenue, Los Angeles, CA, 90036 $1,180,000 3 3 1,225 1,225 SqFt
506 1/2 N Sycamore Avenue, Los Angeles, CA, 90036 $1,360,000 4 4 1,652 1,652 SqFt
457 N Orange Drive, Los Angeles, CA, 90036 $2,195,000 6 4 4,297 4,297 SqFt
332 N Sycamore Avenue, Los Angeles, CA, 90036 $5,900,000 20 15 15,460 15,460 SqFt
542 N Detroit Street, Los Angeles, CA, 90036 $2,150,000 4 3 1,904 1,904 SqFt
412 S Citrus Avenue, Los Angeles, CA, 90036 $2,295,000 3 4 1,977 1,977 SqFt
637 N Detroit Street, Los Angeles, CA, 90036 $1,599,000 3 2 1,614 1,614 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 10:34

MLS: 26716803 LISTED BY: Daniel Glaser, Glaser Property Management Inc. 310-367-9946 SOURCE: CRMLS

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