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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

    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.

    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#: OC23183501MLS LogoOriginating 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