1273 S Cochran AVE, Los Angeles, CA 90019
1273 S Cochran AVE, Los Angeles, CA 90019
1273 S Cochran AVE, Los Angeles, CA 90019
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$1,500,000
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1,860 SqFt
Price Dropped by $250K

1273 S Cochran AVE Los Angeles, CA 90019

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The Brandon Drew Group

The Brandon Drew Group

+1(909) 944-8800

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $806

MLS Listing ID 26846279PS

HOA Y/N No

Year Built 1937

Lot Size 4,726 Sqft

Lot Dimensions Assessor

Property Description

Exceptional Mid-Wilshire Development Opportunity to acquire approx. 4,725 SF site in the heart of Mid-Wilshire Beverly Center-Miracle Mile. Located within a TOC Tier area and zoned LAR3/C1, the property offers potential access to density bonuses, parking reductions, and development incentives for multifamily and mixed-use projects. The versatile property features a large open-air ground-floor area and supports a wide range of potential uses, including multifamily residential, mixed-use, live/work, office, retail, and residential-commercial development. Residential projects are generally developed under R3 standards, creating an attractive framework for higher-density development. Ideally situated near the Miracle Mile, the property is just minutes from LACMA, the Academy Museum, Petersen Automotive Museum, La Brea Tar Pits, The Grove, Original Farmers Market, Koreatown, Beverly Hills, Culver City, and the Metro D Line Extension, with convenient access to the 10 Freeway. Surrounded by ongoing redevelopment and investment throughout Mid-Wilshire, this strategically located site offers exceptional long-term growth potential in one of Los Angeles' most desirable urban neighborhoods. Seller intends to complete a Section 1031 Tax-Deferred Exchange. Buyer agrees to cooperate with Seller's exchange at no additional cost or liability to Buyer.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAC1

Interior

Heating Central

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry See Remarks

Exterior

Parking Features Controlled Entrance, Driveway Down Slope From Street, Private, Pull-through, Workshop in Garage

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description Value In Land

Faces West

Story 2

Entry Level Two

Sewer Other

Water Public

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5085014035

Security Features Gated Community,24 Hour Security

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eva Fairchild Bennion Deville Homes #01926513

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1273 S Cochran AVE