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2718 S Cochran Ave | 12-Unit Multifamily in West Adams, Los Angeles. Built in 1962, this 12-unit residential income property sits on a 9,583 SF lot with 7,903 SF of improvements in a highly accessible West Adams rental corridor. The property features a diverse unit mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit, appealing to a broad tenant base including small families, roommates, and working professionals. Currently averaging approximately $2,042 per unit in monthly rent, the asset presents meaningful income growth potential as rents trend toward the projected market average of approximately $2,588 per unit, representing roughly 25% rental upside through natural tenant turnover and strategic rent optimization. Offered at $3,000,000 ($250,000/unit | $379.60/SF), the property currently operates at a 6.36% cap rate with the potential to achieve an 8.60% pro forma cap rate as rents stabilize.
| DAYS ON MARKET | 6 | LAST UPDATED | 3/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1962 | COMMUNITY | C16 - Mid Los Angeles |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Microwave |
|---|---|
| AREA | C16 - Mid Los Angeles |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 9588 sq ft |
| LOT DIMENSIONS | 9586 |
| PARKING | Covered |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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