2633 Cochran Avenue
2633 Cochran Avenue
$1,150,000
4,804 / 0.11
Description
Developers, this is an excellent opportunity to build a highly economical new construction fourplex 5 minutes from Mid-City, steps away from the countless upscale restaurants and shops on West Adams Blvd! 2633 S Cochran is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE 4,803 square foot flat lot that is being delivered with RTI plans for a fourplex (duplex + 2 ADUs) featuring two three-story townhome style 3-bedroom, 2.5-bathroom units and two well-designed 3-bedroom, 2-bathroom two-story...Developers, this is an excellent opportunity to build a highly economical new construction fourplex 5 minutes from Mid-City, steps away from the countless upscale restaurants and shops on West Adams Blvd! 2633 S Cochran is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE 4,803 square foot flat lot that is being delivered with RTI plans for a fourplex (duplex + 2 ADUs) featuring two three-story townhome style 3-bedroom, 2.5-bathroom units and two well-designed 3-bedroom, 2-bathroom two-story ADU units. This rare property boasts countless perks that will make this project a very successful one, including: 1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. This would be a very cost effective, easy to construct project. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hassle on demolition and over $50,000 in savings. Plus, no rent control on the future project! 3. Rooftop Decks: The front two units boast private rooftop decks. A major draw for renters that will set these units apart from the competition once units are ready for lease up! 4. Location: This project is located WALKING DISTANCE from countless high-end eateries, shops and even a private club on West Adams Blvd. These include The Gathering Spot LA, Tartine West Adams, Adams Wine Shop, Alta, HYA-Gift Shop, MAIN, Mizlala, Delicious Pizza, Farm House Kitchen and so much more! 5. Ideal project to sell off as TIC's! The seller has vast experience with TIC sales and has seen outstanding numbers on similar projects to 2633 S Cochran. 6. Opportunity zone! Potential for major tax benefits! With SB-8 exempt lots in A+ locations becoming extremely rare these days, you'll want to jump on this opportunity fast!
- Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • Myunits.com Inc.
- Listed by Ian Maddox • Brokerage DRE #01921425 • Myunits.com Inc.
Property Details for 2633 Cochran Avenue
City Postal ID
LOS ANGELES (90016)
Location
LISTING UPDATED: 05/25/2024 08:02 PM
Property Details for 2633 Cochran Avenue
Status | Active |
---|---|
MLS # | BB24102700 |
Days on Market | 26 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.11 AC |
County | Los Angeles County |
Location
Building Information for 2633 Cochran Avenue
Lot Size0.11 AC
Payment Calculator
$6,276 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2633 Cochran Avenue
Property History for 2633 Cochran Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2633 Cochran Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Cienega Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
New Los Angeles Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.