7
See all 7 photos
$1,750,000
Est. payment /mo
4,726 Sqft Lot
New
1273 S Cochran AVE Los Angeles, CA 90019
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26844715PS
HOA Y/N No
Year Built 1937
Lot Size 4,726 Sqft
Lot Dimensions Assessor
Property Description
Exceptional Mid-Wilshire Development Opportunity to acquire a 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
Fireplace No
Exterior
Community Features Gated
Utilities Available See Remarks
Roof Type Flat
Total Parking Spaces 6
Building
Story 2
Water Public
Others
Tax ID 5085014035
Security Features Fire Detection System,Gated Community,Smoke Detector(s)
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Financing Cash,Contract
Special Listing Condition Standard
Listed by Eva Fairchild Bennion Deville Homes #01926513
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