Turn-key, ready to move in condition. This new construction could be a great investment opportunity for someone looking to own rental property or for a buyer who wants to live in one unit and rent out the others. The inclusion of AC, laminated flooring, and paid-off solar attractive features could make the units more appealing to potential renters or buyers. The fact that each unit has 3 bedrooms and 2 bathrooms and comes with a total of 4 parkable spaces in the garage, and also extra parking spaces out side of the garage. The open floor plan and modern design of the kitchen and living room could make the units more appealing to renters or buyers who value a contemporary look. Overall, this new construction around Mid-Wilshire sounds like a promising investment opportunity for those looking to enter the Los Angeles real estate market. The building is on two levels instead of 3 floors, a positive feature for owner(s) or renters who prefer living in a building with fewer levels. The property is located near shopping centers, and about 2 miles away from The Gove and Beverly Hill location about 3 miles away. Kaiser Permanente West Los Angeles Medical Center is about 1.2 miles away. Attractive location for healthcare professionals. The Proforma numbers are estimated.
Sold for $2,000,000 on 12/15/23
Listing Provided by:
Douglas Olsen DRE #01928821 949-533-0787,
Olsen Realty
$2,000,000
1524 S Cochran Ave, Los Angeles, CA 90019
--beds
--baths
3,761sqft
Triplex
Built in 2023
-- sqft lot
$1,862,700 Zestimate®
$532/sqft
$4,086 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 17, 2023 at 08:25am
Listing Provided by:
Douglas Olsen DRE #01928821 949-533-0787,
Olsen Realty
Bought with:
Julie Olsen, DRE #01435744
Olsen Realty
Julie Olsen, DRE #01435744
Olsen Realty
Source: CRMLS,MLS#: OC23183501
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Flooring: Laminate, Wood
- Windows: Blinds, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,761
- Total interior livable area: 3,761 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Driveway
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 5,481 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 5070012023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Smoke Detector(s)
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
Services availability
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Estimated market value
$1,862,700