2402 S Cochran Ave is a brand new, non rent controlled, FULLY LEASED fourplex in the heart of West Adamsone of Los Angeles most vibrant and sought after neighborhoods. Nestled on a charming tree lined street just moments from the trendy Highly Likely Caf, this stunning property will generate over $227k in annual rent and a real 5.62% cap rate, offering an exceptional return on investment. With housing availability at an all time low, this new construction fourplex offers investors a rare opportunity to own a property with consistent rental demand. Given the increased need for quality housing, this is an investment that stands strong in todays market.
The fourplex (triplex + ADU "in name only") consists of three spacious 4 bedroom townhomes and one 3 bedroom unit, all thoughtfully designed to maximize space and functionality. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1 year builders warranty for peace of mind. Modern, open concept layouts feature high end designer finishes, stainless steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear facing balconies, and sleek contemporary designs tailored to meet the demands of todays renters.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long term appreciation. With its low maintenance design, upscale units, and unbeatable location, 2402 S Cochran Ave is an exceptional opportunity for investors looking to secure a premium property in a fast growing market.