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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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$1,350,000
Est. payment /mo
4,726 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26844715PS

HOA Y/N No

Year Built 1980

Lot Size 4,726 Sqft

Lot Dimensions Assessor

Property Sub-Type Mixed Use

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

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

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Listed by Eva Fairchild Bennion Deville Homes #01926513

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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