1420 S Cochran Ave

Los Angeles CA 90019

6851 sq. ft.

Land

Last sold for $1,150,000

Filip Niculete, last sold this property on 15 August 2025 after 247 days on market.

Overview

We are proud to present a premier development opportunity at 1420 S Cochran Ave, located in the vibrant and rapidly growing Mid-City neighborhood of Los Angeles.This versatile site is ideal for a developer seeking to capitalize on the area's demand for thoughtfully designed housing. The property offers two compelling development options: Option 1. Boutique 6-Unit Development: Maximize value through a double duplex layout with two additional ADUs, accessible via a rear alley. The plan allows for a highly marketable unit mix, including Four 3-story Townhome-style units (4-bedroom / 3-bath each) and Two 2-story ADU units (3-bedroom / 2-bath each). The site benefits from SB8 clearance, and the previous structure has already been demolished, offering a clear and expedited path to construction. Option 2: 13-Unit Apartment Building: Alternatively, pursue the existing plans for a larger-scale project with approximately 19,058 SF of gross building area, featuring: Two 1-bedroom / 1-bath units, Eight 2-bedroom / 2-bath units, and Three 3-bedroom / 3-bath units. Two units are designated for very low-income tenants. Located in Mid-City, 1420 S Cochran Ave benefits from strong demographics, with an average household income of nearly $117,000 within a one-mile radius. The property is surrounded by a variety of dining, nightlife, and retail options, and is just minutes away from The Grove, LACMA, and The Farmers Market. With a "Very Walkable" Walk Score and easy access to the 10 Freeway, this location is ideal for both renters and commuters.

Features

6851 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Los Angeles over the last 12 months, the estimated median property value of 1420 S Cochran Ave is $1.2m.

Median value

$1.2m

Estimated value range

$975k - $1.3m

Median days on market

101

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1420 S Cochran Ave

2025

Sold

$1,150,000

15 Aug 2025 by Filip Niculete, of Marcus & Millichap

2018

Sold

$850,000

27 Mar 2018 by Claudia Solis, of United Real Estate Pacific States

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.