456 S Cochran Ave | Los Angeles, CA 90036
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- LoopNet Team
456 S Cochran Ave
Los Angeles, CA 90036
Linda Manor Apartments · Build-to-Rent Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- Premier Location: Situated in Miracle Mile, with a Walk Score of ~90, offering proximity to a myriad of dining, retail, and entertainment destinations
- Attractive Pricing: Asking price of $6,225,000 ($194,531/unit), 9.98 GIM, 5.76% CAP, $291.98 P/SF.
- Value-Add Potential: Current rents ~18% below market.
PROPERTY FACTS
| No. Units | 32 | Total Plot Size | 0.18 ac |
| Property Type | Build-to-Rent | Property Size | 21,320 sq ft |
| Property Subtype | Apartment | No. Floors | 4 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Costar Property Class | C | ||
| Use Class | LAR4 - high density residential | ||
| No. Units | 32 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.18 ac |
| Property Size | 21,320 sq ft |
| No. Floors | 4 |
| Year Built | 1920 |
| Use Class | LAR4 - high density residential |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Wooden Floors
- Refrigerator
- Oven
- Walk-In Closets
- Carpet
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 24 | - | 500 |
| 1+1 | 8 | - | 800 |
PROPERTY TAXES
| Parcel Number | 5508-004-020 | Improvements Assessment | £3,052,457 |
| Land Assessment | £2,066,721 | Total Assessment | £5,119,178 |
PROPERTY TAXES
Parcel Number
5508-004-020
Land Assessment
£2,066,721
Improvements Assessment
£3,052,457
Total Assessment
£5,119,178
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