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  • 630 S Cochran Avenue

630 S Cochran Avenue, Los Angeles, CA 90036

$2,495,000 Approx. USD 12 beds, 12 baths
9,196 sqft

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Photo of Jacqueline Alcaraz

Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Text Me
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Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Daniel Glaser | daniel@glaserpm.com
Lic#: 01940889
Broker: Courtesy of Glaser Property Management Inc.
Phone: 310-905-9479

Agent Remarks

Well maintained 12-unit apartment building in a Prime Miracle Mile locationNorth of Wilshire and West of La Brea. Extremely strong rental demand area with strong income producing unit mix including (12) large 1-bedroom/1-bathroom units averaging 766 sqft. Rare opportunity to purchase a Pro Forma High 7% cap rate. Four units will be delivered vacant, providing new ownership the ability toclose escrow with 33% of the building vacant. Significant and recent (2025) capital improvements include a brand new main electrical panel, brand new sub panels, brand new electrical wiring, a brand-new roof, new horizontal sewer pipes under building, new 100-gallon water heater, and new sump pumps. Recently passed insurance inspections. Only two units have undergone light upgrades, leaving a sophisticated investor the opportunity to complete more thorough unit level and common area renovations to achieve 20% rental upside. Further opportunities to increase cash flow include implementing Ratio Utility Billing Systems (RUBS),renting out storage closets, and increasing the building's curb appeal and upgrading the building common areas. Almost all units will be eligible for rent increases on12/1/2026. Building is master metered for gas, tenants pay for trash, and there is no parking. On-site laundry machines are landlord owned. Professionally managed and cared for property. The building offers a rare value add opportunity whereby significant capital improvements have been recently completed and there is still substantial rental upside.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26716803
List price is $2,495,000 Reduced by $205,000 on 5/22/2026
Price: $2,495,000
Beds: 12
Baths: 12
Built in 1927
9,196 sqft
2 stories
0.18 acres
Lot size: 0.1792
County: Los Angeles
Zoning: LAR4
Appliances: Refrigerator
Parking description: None
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 5/22/2026

 Days On Market (DOM): 66

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.063910, -118.346903.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jacqueline Alcaraz

Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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