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… Read More 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 $2,900,000 ($241,667/unit $366.95/SF), the property currently operates at a 6.62% cap rate with the potential to achieve an 8.94% pro forma cap rate as rents stabilize. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
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