Active

630 S Cochran Avenue

Los Angeles, CA 90036

$2,495,000 $10,519/Mo

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Overview

Bed

Bath

9,196

Sqft

7,804

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential Income

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

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 12

Bathroom Information

Total Baths: 12 Full Baths: 0 Half Baths: 0
Interior Features

Property Appliances: Refrigerator
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1927 Building Area Total: 9,196

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1792
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7804

Listing Price Information

Original List Price: 2,495,000 Listing Contract Date: 2026-04-13
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5508009019

Garage and Parking

Garage Description: None

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Trash Collection

Other Property Info

Source Listing Status: Active Source Neighborhood: C19 - Beverly Center-Miracle Mile Directions: Take Wilshire Blvd going east from Beverly Hills. Make a left on Cochran Ave Zoning: LAR4 Source Property Type: Residential Income Area: C19 - Beverly Center-Miracle Mile
Building and Construction

Property Age: 99 Year Built Source: Vendor Enhanced Total Square Feet Living: 9196 Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
520 N Citrus, Los Angeles, CA, 90036	$1,915,000	3	2	1,519	1,519 SqFt
516 N Mansfield Avenue, Los Angeles, CA, 90036	$1,999,000	3	3	2,038	2,038 SqFt
617 N Orange Drive, Los Angeles, CA, 90036	$5,250,000	20	--	15,000	15,000 SqFt
619 N Sycamore Avenue, Los Angeles, CA, 90036	$874,000	2	2	1,093	1,093 SqFt
457 N Orange Drive, Los Angeles, CA, 90036	$2,300,000	6	--	4,297	4,297 SqFt
202 S Citrus Avenue, Los Angeles, CA, 90036	$4,325,000	5	3	4,322	4,322 SqFt
367 N Orange Drive, Los Angeles, CA, 90036	$2,195,000	6	--	4,662	4,662 SqFt
170 S Mansfield Avenue, Los Angeles, CA, 90036	$2,895,000	7	--	4,777	4,777 SqFt
332 N Sycamore Avenue, Los Angeles, CA, 90036	$6,200,000	20	--	15,460	15,460 SqFt
637 N Detroit Street, Los Angeles, CA, 90036	$1,650,000	3	2	1,614	1,614 SqFt

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ByOwner last updated this listing 06/18/2026 @ 00:51

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