Natalie Miranda
marketing@thewhipplegroup.com10,227 Sqft Lot
10,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25180777
HOA Y/N No
Year Built 1924
Annual Tax Amount $11,984
Lot Size 10,227 Sqft
Property Sub-Type Triplex
Property Description
Boasting a strong 5.73% cap rate and low-maintenance landscaping, the property is an excellent candidate for a 1031 exchange or a long-term hold.
With detached garages offering potential for ADU conversion, there's significant value-add potential to boost future income. The property's unbeatable $363.27 price per square foot and attractive $999,000 price tag make this one of the most compelling investment opportunities in the area today.
This is a well-maintained, easy-to-own triplex with beautiful curb appeal and classic charm, perfect for buyers seeking a stress-free investment with room to grow. Whether you're an investor looking to capitalize on strong rental demand or a homeowner seeking a foothold in one of LA's most coveted neighborhoods, 2525 S Cochran checks all the boxes.
Located just moments from neighborhood hot spots like Tartine, Chulita, and Mian West Adams, and a short drive to premier destinations including Highly Likely, the Culver Steps, Platform, and the upcoming Maydan Market featuring Michelin-star connected Compass Rose, 2525 S Cochran Ave is ideally positioned to attract high-quality tenants and enjoy long-term appreciation. Don't miss this rare blend of character, cash flow, and future development potential in one of LA's most sought-after submarkets.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Instant Hot Water
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Exterior Feature Lighting
Parking Features Garage, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5043002026
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Marketing Director | License ID: 02122928