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636 S Cochran Ave
Los Angeles, CA 90036
Stanford Apartments - 81% Luxury Exempt!! · Multifamily Property For Sale
·
32 Units
Investment Highlights
- * 26/32 Units are Luxury Exempt until 2079
- * Charming 32 Unit Property (Built 1928)
- * Value Add Opportunity
- * 23/26 Units are Due for a Rent Increase of 9.9% effective April 1st, 2023
- * Long Term Owner
- * Prime Miracle Mile Location
Property Facts
| No. Units | 32 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 21,320 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | R4, Los Angeles | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 21,320 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R4, Los Angeles |
Amenities
Site Amenities
- Controlled Access
- Laundry Facilities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 32 | - | 457 - 540 |
Property Taxes
| Parcel Number | 5508-009-020 | Improvements Assessment | $2,122,416 |
| Land Assessment | $4,952,304 | Total Assessment | $7,074,720 |
Property Taxes
Parcel Number
5508-009-020
Land Assessment
$4,952,304
Improvements Assessment
$2,122,416
Total Assessment
$7,074,720
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