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2633 S Cochran Ave, West Adams

West Adams RTI Land

West Adams SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE 4,803 square foot flat lot delivered with RTI plans for a fourplex (duplex + 2 ADU's) featuring all 3 bedroom units. Already demolished- saving money on demo costs! Ideal project to sell off as TIC's! The seller has vast experience with TIC sales and has seen outstanding numbers on similar projects.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

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Unit Mix:

Opportunity Zone:

Parking:

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$1,150,000

Land

In Escrow

4

N/A

N/A

N/A

N/A

N/A

4,803 sqft

$239.43

N/A

N/A

Yes

8 Exterior Spaces

SB-8 Exempt, Non Rent Controlled, Opp Zone

The Highlights

  • No rent control on the future project!

  • Opportunity zone!

  • Delivered RTI!!! Get ready to build ASAP.

  • SB-8 EXEMPT! Extremely rare!

  • Prime West Adams location, ideal for a new construction project. 5 minutes from Culver City.

  • Already demolished- saving money on demo costs!

  • Expertly designed plans that will be cost-effective to build.

  • All units have large private balconies off bedroom and main living floors for ample sunlight!

  • No relocations needed! Non-tenant occupied!

  • Ideal mix of ALL highly rentable 3 bedroom units!

  • With SB-8 in effect, less new constructions are being built, making properties like these an even more rare commodity once built!

  • Moments from countless exciting mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (Whole Foods), the Culver Steps (Amazon Studios), and Platform!

  • Ideal project to sell off as TIC's! The seller has vast experience with TIC sales and has seen outstanding numbers on similar projects to 2633 S Cochran.

The Neighborhood

<15-Minute Walk

Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria

<15-Minute Drive

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

<$15 Uber Ride

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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