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Listed by Cheyenne N. Womack • Myunits.com Inc.
$ 3,099,000
Est. payment /mo
Price Dropped by $50K
2402 South Cochran Avenue Los Angeles, CA 90016
6,605 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,605 sqft
Price per Sqft $469
MLS Listing ID BB-25109111
Style Modern
Year Built 2025
Lot Size 5,554 Sqft
Property Sub-Type Quadruplex
Property Description
2402 S Cochran Ave is a brand-new, non-rent controlled, FULLY LEASED fourplex in the heart of West Adams--one of Los Angeles' most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street just moments from the trendy Highly Likely Cafe, this stunning property will generate over $227k in annual rent and a real 5.62% cap rate, offering an exceptional return on investment. With housing availability at an all-time low, this new construction fourplex offers investors a rare opportunity to own a property with consistent rental demand. Given the increased need for quality housing, this is an investment that stands strong in today's market. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom unit, all thoughtfully designed to maximize space and functionality. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder's warranty for peace of mind. Modern, open-concept layouts feature high-end designer finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today's renters. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2402 S Cochran Ave is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Open Floorplan, Recessed Lighting
Heating Central
Fireplaces Type None
Laundry Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Exterior
Exterior Feature Lighting
Parking Features Uncovered
Pool None
Community Features Sidewalks, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Landscaped
Sewer Public Sewer