1273 S Cochran Ave, Los Angeles, CA 90019
1273 S Cochran Ave, Los Angeles, CA 90019
1273 S Cochran Ave, Los Angeles, CA 90019
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
Est. payment | /mo

1,860 SqFt


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$ 1,500,000
Est. payment | /mo
Save

1,860 SqFt

Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $806

MLS Listing ID 26844715PS

Year Built 1937

Lot Size 4,725 Sqft

Acres 0.1085

Property Sub-Type Combo - Res & Com

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 Beverly Center-Miracle Mile

Zoning LAC1

Interior

Heating Central

Exterior

Garage Spaces 6.0

Roof Type Flat

Building

Story 2

Water District, See Remarks

Structure Type Concrete

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Bennion Deville Homes

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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1273 S Cochran Ave