$1,525,000
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1883 Cochran Avenue Los Angeles, CA 90019
Single Family
Residence
3
Beds
2
Baths
2,085
Sq. Ft.
0.2
Acre
Lot
Property Activity
Time on Site
days
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**Developers /Investors** We are proud to exclusively present for sale multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dime...nsions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!
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MLS#
24373431
Property Type
Single Family
Status
Bedrooms
3
Bathrooms
2 Full
Year Built
1925
Square Feet
2,085
sq. ft
Lot Size
0.2
Stories
1.0
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