2404 S Cochran Avenue, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

2404 S Cochran Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$3,199,000
2404 S Cochran Avenue, Los Angeles, California 90016
0Bed
0Bath
6,605Sqft
5,554Lot
Year Built
2025
Close
-
List price
$3.2M
Original List price
$3.25M
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
BB25027032
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Deck
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $3.20M(86th), sqft - 6605(71th), beds - undefined(50th), baths - undefined(50th).

2404 S Cochran Ave is a brand-new, non-rent controlled, OPPORTUNITY ZONE fourplex in the heart of West Adams—one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street just moments from the trendy Highly Likely Café, this stunning property is projected to generate over $2398,560 in annual rent, offering an exceptional return on investment. With housing availability at an all-time low, this new construction fourplex offers investors a rare opportunity to own a property with consistent rental demand. Given the increased need for quality housing, this is an investment that stands strong in today’s market. Located within an Opportunity Zone, 2404 S Cochran Ave provides significant potential tax incentives for buyers (consult with your CPA). Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom unit, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end designer finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low maintenance design, upscale units, and unbeatable location, 2404 S Cochran Ave is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.

Price History

Date
Event
Price
08/18/23
Sold
$800,000
Condition Rating
Excellent

This property is a brand-new construction, built in 2025, featuring modern, open-concept layouts with high-end designer finishes and stainless-steel appliances. All components are new, meeting current quality standards, and there is a 1-year builder's warranty, indicating no deferred maintenance and minimal physical depreciation. The kitchens and bathrooms are expected to be state-of-the-art with contemporary styles and features.
Pros & Cons

Pros

New Construction & Warranty: Built in 2025, this brand-new fourplex offers modern standards, minimal immediate maintenance, and includes a 1-year builder's warranty for peace of mind.
Investment Incentives: Located within an Opportunity Zone, providing significant potential tax benefits, and is non-rent controlled, maximizing rental income potential and investor flexibility.
Prime Location: Situated in the heart of West Adams, a vibrant and highly sought-after Los Angeles neighborhood, ensuring strong tenant demand and long-term appreciation.
Strong Rental Fundamentals: Projected for exceptional return on investment with consistent rental demand, and separately metered utilities ensure minimal operating costs for the owner.
Modern & Appealing Units: Features thoughtfully designed, spacious units (three 4-bedroom, one 3-bedroom) with high-end designer finishes, stainless-steel appliances, and private balconies, attracting quality tenants.

Cons

High Capital Investment: The list price of $3.199 million represents a substantial financial commitment, which may limit the pool of potential investors.
Ambiguous Unit Classification: The description 'fourplex (triplex + ADU "in name only")' requires further clarification regarding its legal and functional implications for a buyer.
Unspecified Parking Details: For a multi-unit property in a dense urban area like Los Angeles, the absence of explicit information regarding tenant parking could be a significant drawback.

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