Description
We are pleased to present a prime development opportunity at 1420 s cochran ave, los angeles, ca.this project is nearly ready for construction, with plans that are close to approval and on the verge of becoming ready to issue (rti). the old structure on the lot has already been demolished, enabling an expedited start date for construction.the plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. the proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.situated in the mid-city neighborhood of los angeles, 1420 s cochran ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.this central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. it is just a short drive from popular attractions such as lacma, the grove, and the farmers market. the area is also rated as "very walkable" by walk score, and easy access to the 10 freeway makes commuting around los angeles convenient.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47986756
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1573
- Lot Size Dimensions: 50x137
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6851
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Listing Information
Listing Price Information
- Original List Price: 1,600,000
- Listing Contract Date: 2024-12-09
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5070012008
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C16 - Mid Los Angeles
- Postal Code Plus 4: 4018
- Directions: Cochran & Pico
- Zoning: LARD1.5
- Source Property Type: Land
- Area: C16 - Mid Los Angeles
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/23/2024 @ 19:32
- MLS: 24470775
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 6,851 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90019, this Los Angeles County Land are nearby neighborhoods.