630 S Cochran Ave, Los Angeles, CA 90036
630 S Cochran Ave, Los Angeles, CA 90036
630 S Cochran Ave, Los Angeles, CA 90036
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Ever Banuelos

Ever Banuelos

+1(323) 833-9824
$2,700,000
Est. payment /mo
12 Beds
12 Baths
9,196 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,196 sqft

Price per Sqft $293

MLS Listing ID 26716803

Bedrooms 12

Year Built 1927

Lot Size 7,804 Sqft

Acres 0.1792

Property Sub-Type Multi-Family

Property Description

Well maintained 12-unit apartment building in a Prime Miracle Mile location North 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 7% cap rate. Three units will be delivered vacant, providing new ownership the ability to close escrow with 25% of the building vacant. Significant and recent (2025) capital improvements include a brand new main electrical panel, brand new subpanels, brand new electrical wiring, a brand-new roof, new copper plumbing, 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 on 12/1/2026. 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.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Glaser Property Management Inc.

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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