Multi-Family for sale in Southern California — $2,875,000. 16 beds · 12 baths · 7,903 sqft. 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 renta…
$2,875,000
2718 S Cochran Avenue, Los Angeles, CA 90016
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 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.
Listing updated: June 27, 2026 at 7:33 AM
Listed by: Taylor Avakian, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS#: 26662345, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/27/2026 Source: CRMLS, #26662345 | Price change | $2,875,000$364/sqft-0.9% |
| 3/09/2026Source: CRMLS, #26662345 | Listed for sale | $2,900,000$367/sqft |
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