1883 S Cochran Ave, Los Angeles, Los Angeles County, CA, 90019 Los Angeles CA US

USD 1,500,000
For Sale MLS: 23-295045

Property Details

Bedrooms

3

Bathrooms

2

Neighborhood

Mid-City

Property Type

Residential

Description

**Developers /Investors** We are proud to exclusively present for sale a by-right 9 unit multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,683 SF RD1.5 zoned lot features 54x119 ft dimensions, a Tier 1 TOC eligibility, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied single-family home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Do not miss out on this special opportunity! Find out more about this property. Request details here

Location

Address

1883 South Cochran Avenue, Los Angeles, California 90019, United States

City

Los Angeles

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