Property listed by Jacob Iloulian, Jacob Iloulian 310-766-7342
$2,900,000
2633 Cochran Ave. is a FULLY LEASED, NON-RENT CONTROLLED, 2025 NEW CONSTRUCTION. 4 UNITS TOTAL. With a current CAP rate of 5.94 and 15.19 GRM. This asset provides strong in-place cash flow. 2 Units are townhouse style with 3 bedroom, 3.5 bathrooms with a private garage, private balconies and a… Read More rooftop deck with beautiful city views. Rooftop deck has shade sail, sink, and gas BBQ connection. The other 2 units are 3 bedroom, 2.5 bathrooms with private outdoor spaces. For a total of 12 bedrooms, and 14 bathrooms.
Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to everything. This property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market. Fully leased and producing consistent income, this property offers turnkey investment potential in a high-demand rental market. These units have gotten massive demand from high quality tenants due to their stand out design and unbeatable floorplans.This is a rare opportunity considering the area's low inventory and a great property to add to your portfolio in a thriving neighborhood. This is a 2025 build in two separate buildings located in the opportunity zone. A high demand investment opportunity featuring modern design, open and large floor plans. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities with spacious layouts that appeal to today's renters. This property offers minimal maintenance for the owner.
The property is gated and each unit has its own private outdoor space. Each unit is equipped with its own laundry, Central HVAC, tankless water heaters, stainless steel appliances, paid off solar panels. Each unit is separate mattered for electric, gas, water and trash. All utilities bills are paid directly by the tenants. All Bedrooms & living rooms are hard wired with Cable and Ethernet wiring, ready for cable and WIFI. All highly attractive amenities for the tenants. The property is centrally located and minutes away from Beverly wood, Beverly hills, Culver City. Giving easy access to all surrounding areas. Located next to the trendy Culver City Arts District, this property is just minutes from the trendy shops, galleries, and restaurants—making it a highly desirable investment. Read Less
Listing Snapshot
Days Online
38
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
2025
MLS Number
BB26035743
Additional Details
Appliances & Equipment
Dryer
Building
Built in 2025, 2 buildings, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1st floor
Community
Suburban
Cooling
CentralAir
Expenses
Gardener: $900, Insurance: $3,453, Operating: $18,534, Other Expense: $14,181
Fireplaces
None
Garage
2 spaces
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $190,800, Gross ScheduledIncome: $190,800, Net Operating Income: $172,266
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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