D
Seller's Agent in 2015
Daniel Baird
Sperry Van Ness
(310) 500-1239
8 Total Sales
This 12-unit property located on 2718 South Cochran Avenue consists of 9,583 square feet of building on a 7,903 squarefoot lot in the heart of the West Adams district. The property has a very desirable unit mix featuring: (6) 2B/1B units, (5)1B/1B units, and (1) bachelor. Seven units are currently occupied by Section 8 tenants. Current rents are significantly belowmarket, providing the opportunistic investor with an aggressive management style the ability to raise rental rates andachieve higher cash-on-cash returns in a quickly appreciating market. Recent renovations add to the property's attractivecurb appeal and include a brand new wooden fence and new windows. The property's roof is only three years old. Nine ofthe units have been recently improved. Six of the units have newly painted cabinets and three of the units have brandnew wood floors. Additionally, current ownership has just completed replacing the plumbing, which is now 100%copper.
Last Agent to Sell the Property
Sperry Van Ness License #01249675 Listed on: 08/19/2014
Last Buyer's Agent
Peter Cooper
Miller & Desatnik Realty Co. License #00933085
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2015 01/05/15 | Sold | $1,575,000 | -1.6% | $199 / Sq Ft |
| 10/21/2014 10/21/14 | Pending | -- | -- | -- |
| 08/19/2014 08/19/14 | For Sale | $1,600,000 | -- | $202 / Sq Ft |
D
Seller's Agent in 2015
Daniel Baird
Sperry Van Ness
(310) 500-1239
8 Total Sales
P
Buyer's Agent in 2015
Peter Cooper
Miller & Desatnik Realty Co.
Source: The MLS
MLS Number: 14-786909