2718 S Cochran Ave, Los Angeles, CA 90016

Property Overview

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2718 S Cochran Ave is a 12-unit multifamily investment opportunity located in the West Adams submarket of Los Angeles, a centrally positioned residential corridor supported by strong and consistent rental demand. Built in 1962, the property sits on a 9,583 SF lot and totals 7,903 SF of improvements, featuring a balanced unit mix of (6) two-bedroom units, (5) one-bedroom units, and (1) studio unit that appeals to a broad tenant base.

The asset offers stable in-place income with meaningful rental upside through strategic rent optimization. Current rents average approximately $2,042 per unit compared to projected market rents of approximately $2,588 per unit, representing roughly 25% rental upside as leases naturally turn over. Offered at $3,000,000 ($250,000 per unit / $379.60 per square foot), the property presents investors with immediate cash flow and a clear value-add opportunity in a centrally located Los Angeles submarket with durable long-term rental demand.

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Key Property Details

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• Address: Address: 2718 S Cochran Ave, Los Angeles, CA 90016
• Units: 12
• Year Built: 1962
• Building Size: 7,903 SF
• Lot Size: 9,583 SF
• Unit Mix: (6) 2 Bed / 1 Bath, (5) 1 Bed / 1 Bath, (1) Studio

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Investment Highlights

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• Significant Rental Upside Through Rent Optimization
  Current rents average approximately $2,042 per unit while projected market rents average approximately $2,588 per unit, representing an estimated ~25% rental upside that can be captured through natural tenant turnover and strategic rent adjustments.
• Balanced Unit Mix Supporting Broad Tenant Demand
  The property’s mix of (6) two-bedroom units, (5) one-bedroom units, and (1) studio appeals to a wide renter demographic including roommates, small families, and working professionals, helping maintain consistent occupancy and leasing velocity.
• Stable In-Place Income with Immediate Cash Flow
  The asset currently generates approximately $190,676 in net operating income, providing investors with reliable day-one income while maintaining the opportunity to significantly grow revenue as rents trend toward market levels.
• Compelling Value-Add Investment in a Central LA Location
  Offered at $3,000,000 ($250,000 per unit), the property presents a clear path to enhanced performance, with cap rate expansion from approximately 6.36% current to 8.60% pro forma as rents stabilize.
• Centrally Located West Adams Rental Corridor
  Positioned in a highly accessible Los Angeles submarket, the property benefits from proximity to Downtown LA, Culver City, and the Westside—employment centers that continue to drive strong rental demand and long-term investment appeal.

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Neighborhood and Accessibility

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The West Adams submarket remains one of Central Los Angeles’ most active rental corridors, supported by its central location and strong connectivity to major employment hubs including Downtown Los Angeles, Culver City, and the Westside. Residents benefit from convenient access to major transportation routes such as the I-10 Freeway and key east–west corridors, along with proximity to neighborhood retail, dining, and everyday amenities. These fundamentals continue to drive consistent rental demand and stable occupancy, reinforcing West Adams as a durable and well-positioned multifamily investment location within the Los Angeles market.

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl

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