12-Unit Apartment
For Sale
$2,875,000
2718 S Cochran Ave, Los Angeles, CA 90016
1962-built 12-unit apartment building with one-, two-bedroom, and studio units on a 9,583 SF lot.
Property Size7,903 SF
Lot Size0.22 Acres
Price / SF$363.79
Days on Market146
Property Features for 2718 S Cochran Ave
General Information
Standard status
Active
Size
7,903 SF
Lot size
0.22 Acres
Property subtype
MULTI_FAMILY
Financials
Asking Price
$2,900,000
Cap Rate
6.62%
Average Monthly Rent
$2,042
Units
Unit Mix
6 x 2BR/1BA, 5 x 1BR/1BA, 1 x studio
Multifamily Units
12
Building Details
Building Size
7,903 SF
Year Built
1962
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Taylor Avakian · License #02060040
Source:
Evecap
Added: Mar 9
Changed: Jul 31
Last Checked: Jul 31 at 8:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 12-unit apartment building was built in 1962 and offers a mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit. The property sits on a 9,583 SF lot with 7,903 SF of improvements, supporting a straightforward, broadly tenant-appealing unit lineup.
Located on S Cochran Ave in the West Adams rental corridor, the property benefits from highly accessible surroundings.
From an investment standpoint, the building currently operates at a 6.62% cap rate, with potential to achieve an 8.94% pro forma cap rate as rents stabilize.
Located on S Cochran Ave in the West Adams rental corridor, the property benefits from highly accessible surroundings.
From an investment standpoint, the building currently operates at a 6.62% cap rate, with potential to achieve an 8.94% pro forma cap rate as rents stabilize.
Key Highlights
- 12‑unit apartment building built in 1962
- Unit mix: 6 two‑bedroom/1‑bath, 5 one‑bedroom/1‑bath, 1 studio
- 9,583 SF lot with 7,903 SF of improvements
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 1962-built 12-unit apartment building with one-, two-bedroom, and studio units on a 9,583 SF lot.
Where is this apartment building located?
The property is located at 2718 S Cochran Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: 12‑unit apartment building built in 1962; Unit mix: 6 two‑bedroom/1‑bath, 5 one‑bedroom/1‑bath, 1 studio; 9,583 SF lot with 7,903 SF of improvements
