Los Angeles, CA 90019,1420 S Cochran AVE
Los Angeles, CA 90019,1420 S Cochran AVE
Los Angeles, CA 90019,1420 S Cochran AVE
4
$1,150,000
$1,300,000
11.5%
Est.Price: ?

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6,851 Sqft Lot

1420 S Cochran AVE Los Angeles, CA 90019

Est. payment /mo
SOLD DATE : 08/15/2025

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Key Details

Sold Price $1,150,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24470775

Sold Date 08/15/25

HOA Y/N No

Lot Size 6,851 Sqft

Property Description

We are proud to present a premier development opportunity at 1420 S Cochran Ave, located in the vibrant and rapidly growing Mid-City neighborhood of Los Angeles.This versatile site is ideal for a developer seeking to capitalize on the area's demand for thoughtfully designed housing. The property offers two compelling development options: Option 1. Boutique 6-Unit Development: Maximize value through a double duplex layout with two additional ADUs, accessible via a rear alley. The plan allows for a highly marketable unit mix, including Four 3-story Townhome-style units (4-bedroom / 3-bath each) and Two 2-story ADU units (3-bedroom / 2-bath each). The site benefits from SB8 clearance, and the previous structure has already been demolished, offering a clear and expedited path to construction. Option 2: 13-Unit Apartment Building: Alternatively, pursue the existing plans for a larger-scale project with approximately 19,058 SF of gross building area, featuring: Two 1-bedroom / 1-bath units, Eight 2-bedroom / 2-bath units, and Three 3-bedroom / 3-bath units. Two units are designated for very low-income tenants. Located in Mid-City, 1420 S Cochran Ave benefits from strong demographics, with an average household income of nearly $117,000 within a one-mile radius. The property is surrounded by a variety of dining, nightlife, and retail options, and is just minutes away from The Grove, LACMA, and The Farmers Market. With a "Very Walkable" Walk Score and easy access to the 10 Freeway, this location is ideal for both renters and commuters.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5070012008

Special Listing Condition Standard

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CRMLS – RECore
Listed by Filip Niculete Marcus & Millichap
Bought with Filip Niculete Marcus & Millichap

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David Shearer

David Shearer

Agent | License ID: 01217796

+1(949) 981-3431

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