2718 S Cochran Avenue, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:ERA Excel Realty
2718 S Cochran Avenue,Los Angeles, CA 90016
$2,950,000
  • 16 Beds
  • 12 Baths
  • 7,903 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26662345
Source:CRMLS

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$373.28

About this home

2718 S Cochran Ave | 12-Unit Multifamily in West Adams, Los Angeles. Built in 1962, this 12-unit residential income property sits on a 9,583 SF lot with 7,903 SF of improvements in a highly accessible West Adams rental corridor. The property features a diverse unit mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit, appealing to a broad tenant base including small families, roommates, and working professionals. Currently averaging approximately $2,042 per unit in monthly rent, the asset presents meaningful income growth potential as rents trend toward the projected market average of approximately $2,588 per unit, representing roughly 25% rental upside through natural tenant turnover and strategic rent optimization. Offered at $2,950,000 ($245,833/unit | $373.28/SF), the property currently operates at a 6.48% cap rate with the potential to achieve an 8.77% pro forma cap rate as rents stabilize.

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Home facts

  • Year built:1962
  • Listing ID #:26662345
  • Added:51 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12
  • Kitchen Description:Dishwasher, Microwave
  • Living area:7,903 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1962
  • Building area:7,903 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$373.28

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:11
  • Parking description:Covered
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