1420 Cochran Avenue, Los Angeles

$1,600,000

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0.16

Acres

Listing Agent
Filip Niculete - Marcus & Millichap

1420 Cochran Avenue Listing Summary

1420 Cochran Avenue, MLS#: 24470775 is located in the neighborhood of Los Angeles, , Zip Code: 90019. The property is 0.16 acres in total The vacant land has been on the market for 64 days. It’s currently listed at $1,600,000.

About 1420 Cochran Avenue

We are pleased to present a prime development opportunity at 1420 S Cochran Ave, Los Angeles, CA.This project is nearly ready for construction, with plans that are close to approval and on the verge of becoming Ready to Issue (RTI). The old structure on the lot has already been demolished, enabling an expedited start date for construction.The plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. The proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.Situated in the Mid-City neighborhood of Los Angeles, 1420 S Cochran Ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.This central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. It is just a short drive from popular attractions such as LACMA, The Grove, and The Farmers Market. The area is also rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.

Features of 1420 Cochran Avenue

MLS® # 24470775
Price $1,600,000
Bathrooms 0.00
Acres 0.16
Type Land
Status Active

Community Information

Address 1420 Cochran Avenue
Area C16 - Mid Los Angeles
City Los Angeles
County Los Angeles
Zip Code 90019

Amenities

View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed December 9th, 2024
Days on Market 64
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFilip Niculete
OfficeMarcus & Millichap

Listing Map

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