Detailed Introduction Of This Home
Welcome to 1867 and 1869 S. Cochran Ave, a detached duplex located in Mid City Heights, truly the center of LA. Located within close proximity to Culver City, Beverly Hills, Century City, Koreatown, and Downtown LA, this property has the possibility of great future income potential. Front unit (1867) is a 1bed/1bath at 657 sf and could potentially be rented around $1700 per month. Back unit (1869) is a 2bed/1bath at 1050sf and could potentially be rented at $2,900 per month. This lot is zoned RD1.5 which may allow an investor to build a dwelling unit per 1500 square foot of space. Up to 4 units may potentially be built on this lot, if variance is granted if the builder provides affordable housing units. Potentially, ADU's and Junior ADU's may be added on this lot. Check the Los Angeles Department of Building and Safety and Los Angeles City planning for exact possibilities. Sold as is. Both units are currently tenant occupied on month to month terms. Please do not disturb tenants or walk on the property. Showings are only allowed subject to proof of funds or bank pre-approval letter which should be emailed to sinaaryeh@gmail.com; please text 310-486-8191 once sent to confirm receipt of submission.