Detail

Updated on July 18, 2019 at 7:01 pm

  • Land Area: 8,866 sq ft
  • Property Size: 8,471 sq ft
  • Price: $2,950,000
  • Year Built: 1950

Description

• Reduced! Seller motivated!
• Value added opportunity! Major upside potential
• Two adjacent parcels with two 2-story apartment buildings: 14 total units
• 11 apartments (all 1-bedroom/1-bath units) and 3 offices
• Current $103,896 gross annual income (6 total vacant units)
• 5350 San Vicente Blvd: 8 apartment units built in 1952 (4 vacant)
• 1255 S Cochran Ave: 3 ground floor office units and 3 second floor apartment units built in 1950 (2 office units vacant): 3 units are permitted
• 7 surface parking spaces
• Located at the SW corner of San Vicente Blvd and Cochran Ave
• APN 5085-014-039,040
• Zoned LA C1
• Fantastic investment opportunity!
• $210,715 per unit

Property Documents

  • Marketing Package for 5350 San Vicente & 1255 Cochran
  • Address: 5350 San Vicente Blvd 1255 S Cochran Ave
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90019
  • Neighborhood: Miracle Mile
  • Country: United States

Features

Contact info

Rene Mexia
Rene Mexia
213.747.4155213.446.2286
Jeff Luster
Jeff Luster
213.747.4152213.804.3013

Inquire about this property

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