New Star Realty & Investment
Listed by New Star Realty & Investment
$1,399,900
1293 S Cochran Avenue
Details
APN 5085014030
Property Type Multifamily
Sub Type Apartment Building
Units 2
Buildings 1
Acreage 0.109
Zoning Assessor
Multifamily | 2 Units
Marketing 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.
Listing Contacts
New Star Realty & Investment
Listed by New Star Realty & Investment
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