2404 S Cochran Ave Los Angeles, CA 90016
Mid-City NeighborhoodEstimated payment $16,804/month
Highlights
- New Construction
- Open Floorplan
- Neighborhood Views
- No Units Above
- Modern Architecture
- Balcony
About This Home
2404 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 5.94% 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, 2404 S Cochran Ave is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
Listing Agent
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 09/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,896
Year Built
- Built in 2025 | New Construction
Lot Details
- 5,554 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Fenced
- New Fence
- Landscaped
- Level Lot
Home Design
- Modern Architecture
- Quadruplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 6,605 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Recessed Lighting
- Living Room
- Neighborhood Views
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- 19 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 437
- Tax Tract Number 1566
- Assessor Parcel Number 5063008082
- $302 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Water Meters
- Electric Expense $1,000
- Gardener Expense $1,000
- Insurance Expense $2,642
- Maintenance Expense $2,400
- New Taxes Expense $35,970
- Operating Expense $43,012
- Gross Income $18,995
- Net Operating Income $178,090
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,896 | $816,000 | $734,400 | $81,600 |
| 2024 | $9,896 | $800,000 | $720,000 | $80,000 |
| 2023 | $763 | $45,416 | $23,064 | $22,352 |
| 2022 | $739 | $44,526 | $22,612 | $21,914 |
| 2021 | $720 | $43,654 | $22,169 | $21,485 |
| 2019 | $702 | $42,361 | $21,512 | $20,849 |
| 2018 | $612 | $41,532 | $21,091 | $20,441 |
| 2016 | $572 | $39,922 | $20,273 | $19,649 |
| 2015 | $565 | $39,323 | $19,969 | $19,354 |
| 2014 | $577 | $38,553 | $19,578 | $18,975 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $2,999,000 | +274.9% | $454 / Sq Ft |
| 08/18/2023 08/18/23 | Sold | $800,000 | +0.6% | $621 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | For Sale | $795,000 | -- | $617 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Western Resources Title | |
| Individual Deed | -- | Title Land Company Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | New Conventional | |
| Closed | $0 | New Conventional | |
| Open | $400,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available | |
| Closed | $0 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25194297
APN: 5063-008-082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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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