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1375 -1377 S Cochran Avenue 2, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

1375 -1377 S Cochran Avenue 2, Los Angeles, California 90019 home-pic-0
ACTIVE$1,099,000
1375 -1377 S Cochran Avenue 2, Los Angeles, California 90019
0Bed
0Bath
1,375Sqft
4,474Lot
Year Built
1948
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$799
HOA
-
Days on market
-
Sold On
-
MLS number
PW25109648
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(38th), sqft - 1375(8th), beds - undefined(50th), baths - undefined(50th).

This duplex property is conveniently located in Mid-Wilshire area of LA . The front one bedroom unit (1375 S. Cochran Ave.) features large living room with updated kitchen with granite counters, new pull-out faucet and newer appliances. This unit offers a new subway tiled shower with single vanity with storage drawers. The back two bedroom unit (1377 S. Cochran Ave.) has a spacious living area with a cozy dining/nook area, updated shower with single vanity with storage, plus extra office spaces(unpermitted). The 2 car single covered garage is currently utilized as the office space. The complex has a gated parking spaces for up to 3 cars. Added/upgraded with fresh/clean concrete on the walking path, backyard, fence, and front patio and garden area. Separate laundry room is attached in the back. Both units are occupied. This home is centrally located near Culver City Rail Station, Beverly Center, The Grove, La Brea Tar Pits, and Los Angeles County Museum of Art. Good investment opportunity!

Condition Rating
Good
Despite being built in 1948, the property has undergone significant and recent updates to its key areas. The description explicitly mentions 'updated kitchen with granite counters, new pull-out faucet and newer appliances' and 'new subway tiled shower' in one unit, with similar updates in the second unit. Images confirm modern white shaker cabinets, stainless steel appliances, recessed lighting, and contemporary subway-tiled bathrooms with updated vanities. The presence of mini-split AC units suggests updated cooling/heating systems. While not a full gut renovation of the entire structure, these updates make the property move-in ready with no immediate renovation required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Mid-Wilshire Location: Conveniently located in the desirable Mid-Wilshire area, offering central access to major LA attractions, transit (Culver City Rail Station), and amenities like Beverly Center, The Grove, and museums.
Income-Generating Duplex: Both units are currently occupied, providing immediate rental income and presenting a strong investment opportunity for a buyer seeking cash flow.
Updated Unit Interiors: Both the 1-bedroom and 2-bedroom units feature updated kitchens (Unit 1) and bathrooms with modern finishes, enhancing tenant appeal and reducing immediate renovation needs.
Recent Exterior Upgrades: The property benefits from recent improvements including fresh concrete on walking paths, backyard, fence, and front patio/garden area, contributing to curb appeal and reduced exterior maintenance.
Ample Gated Parking: The complex offers gated parking spaces for up to 3 cars, a valuable and secure amenity in a dense urban environment like Los Angeles.

Cons

Unpermitted Conversions: The property includes unpermitted office spaces, specifically in the back unit and the conversion of the 2-car garage, which could lead to permitting issues, fines, or require costly remediation to bring them to code.
Lack of Dedicated Garage Parking: The 2-car garage has been converted into office space, meaning there is no dedicated covered garage parking available, which can be a significant drawback for tenants or future owners seeking secure, enclosed parking.
Age of Property Infrastructure: Built in 1948, despite cosmetic updates, the underlying infrastructure (e.g., plumbing, electrical systems) may be original or partially updated, potentially leading to unforeseen maintenance or upgrade costs in the future.

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