1293 S Cochran Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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Los Angeles, California 90019
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,399,900—positioned above the $1,329,328 Fair Market Value. While priced slightly above market, the property offers immediate income potential with one unit delivered vacant, allowing for rapid market-rate rent adjustment. Featuring a Condition Rating of 4, the asset requires cosmetic modernization to maximize long-term yields. Its prime Mid-City location ensures strong rental demand, making this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1293 S Cochran Avenue Subject | $1,399,900* List Price | 0 | 0 | 2,330 | $571 | - |
A 1428 Ellsmere Avenue Sold | $1,051,000 | 0 | 0 | 2,272 | $463 | 0.5 mi |
B 1301 S Hudson Sold | $1,195,000 | 4 | 3 | 1,839 | $650 | 0.8 mi |
C 1320 S Hudson Active | $1,399,999 List Price | 0 | 0 | 2,286 | $612 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, this duplex is well-maintained but dated. The kitchen shows a renovation likely 15-20 years old, and the presence of window AC units indicates the lack of a modern central HVAC system. While functional and move-in ready, the property requires cosmetic updates and system modernization to reach current market standards.
With one unit delivered vacant, an investor can immediately secure market-rate rent (estimated at $3,500), providing a significant boost to the property's capitalization rate and cash flow from day one.
Situated in a rapidly appreciating and high-demand neighborhood near Miracle Mile, the property offers strong long-term equity growth potential and consistently low vacancy rates.
The duplex configuration presents an ideal 'house hacking' opportunity, allowing an owner-occupant to live in one unit while the rental income from the second unit offsets a substantial portion of the mortgage.
Built in 1936, the property may require significant capital expenditures for deferred maintenance or upgrades to aging systems like plumbing, electrical, and HVAC to meet modern standards.
The 2-bedroom, 1-bathroom layout with only one dedicated parking space per unit may limit the property's appeal to modern tenants who often prioritize multiple bathrooms and additional parking.
Exceptional investment opportunity in the heart of Mid-City Los Angeles — one of the city's most desirable and rapidly appreciating neighborhoods. This well-maintained 2-story duplex, built in 1936, offers 2,330 SF of total living space and features two identical units, each with 2 bedrooms, 1 bathroom, and a dedicated parking space. The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready — offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor. Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage — a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate. Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long — schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,330 | 2,250 |
| Lot Size | 4,725 | 5,864 |
| Price | $1.40M | $826.7K |
| Price per sq ft | $601 | $395 |
| Built year | 1936 | 1925 |
| HOA | $0 | $0 |
| Days on market | 42 | 83 |
Jun 10, 2026
$1,399,900
Initial Listing
Jul 3, 2017
$1,000,000
Public Record
Apr 2, 2008
$687,500
Public Record
Aug 28, 2006
$1,200,000
Public Record