1273 South Cochran Avenue, Los Angeles, CA 90019
1273 South Cochran Avenue, Los Angeles, CA 90019
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Los Angeles ·
Listed 28.7% above the median closed sale of $1,049,000. Price per sqft ($726) is a 11% discount to closed comps ($812). Closed comps sold at 106% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1430 Bentley Avenue | Los Angeles | 1993 | 2 | 2 | 1,485 | 6,504 | $603 | $895,000 | 1 | 78 |
| 909 Sierra Bonita Avenue | Los Angeles | 1981 | 2 | 2 | 1,489 | 11,985 | $671 | $999,000 | 16 | 72 |
| 404 Venice Way | Los Angeles | 1947 | 2 | 2 | 1,473 | 4,798 | $1,221 | $1.80M | 45 | 69 |
| 500 Molino Street | Los Angeles | 1923 | 0 | 1 | 1,490 | 83,084 | $725 | $1.08M | 7 | 68 |
| 315 118th | Los Angeles | 1924 | 2 | 2 | 1,486 | 5,202 | $437 | $650,000 | 87 | 67 |
| Total: 5 · Average | 1.6 | 1.8 | 1,484.6 | 22,314.6 | $731.4 | $1.08M | 31.2 | |||
| Median | 1,486 | $999,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3438 Larissa Drive | Los Angeles | 1995 | 07/02/2026 | 2 | 2 | 1,496 | 6,821 | $1.35M | $1.60M | $1,070 | 1.19 | 30 | 75 |
| 929 Sycamore Avenue | Los Angeles | 1925 | 05/18/2026 | 2 | 2 | 1,487 | 0 | $1.05M | $1.05M | $705 | 1.00 | 45 | 74 |
| 1990 Lucile Avenue | Los Angeles | 1937 | 08/26/2026 | 2 | 3 | 1,480 | 6,155 | $1.70M | $2.00M | $1,351 | 1.18 | 26 | 71 |
| 1855 Industrial Street | Los Angeles | 1923 | 09/29/2026 | 1 | 1 | 1,486 | 42,628 | $699,000 | $660,000 | $444 | 0.94 | 151 | 71 |
| 6650 Allston Street | Los Angeles | 1942 | 08/26/2026 | 2 | 2 | 1,475 | 4,263 | $725,000 | $725,000 | $492 | 1.00 | 50 | 68 |
| Total: 5 · Average | 1.8 | 2.0 | 1,484.8 | 14,966.75 | $1.21M | $1.21M | $812.4 | — | 60.4 | ||||
| Median | 1,486 | $1.05M | $1.05M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.