1024 S Cochran Ave, Los Angeles, CA 90019
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1024 S Cochran Ave Los Angeles, CA 90019

$1,865,000 Sold Price as of 08/10/2022
  • 20 Beds
  • 10 Baths
  • 5,676 Sq.Ft.
Sold
$1,865,000 Sold Price as of 08/10/2022 Refinance Your Mortgage

Map preview of 1024 S Cochran Ave, Los Angeles, CA 90019

Property Overview: 1024 S Cochran Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 5,676 living square feet and 6,895 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Location, Excellent Neighborhood. Beautifully maintained Four-Plex full of charm available for sale located in the heart of LA, in high demand Miracle Mile area with building size of 5676 SqFt.2 bedrooms units, aprx.1,400 Sq/Ft each unit, featuring high ceiling, hardwood floor, large living room and formal dining room, one unit has fireplace, good size Kitchen and washer and dryer Hook ups. Good closet spaces. The size feel much larger then most single family residence. Each unit has one parking space and an additional parking. Close to transit, Schools ,retail, restaurants. It is perfect for investment or to live in one and rent out other three. Each unit have one full bath, 2 units has an additional half of bath, buyer to independently investigate all matters to fully satisfy themselves. Future subway plans will only increase value! An incredible opportunity! Must see to appreciate!!

Listed by Kevin Kim | BRE #01358939 | Masters Realty & Investment
Last checked: 8 minutes ago | Last updated: August 29th, 2023 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
6,895
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22135249
City
Los Angeles
County
Los Angeles
Time on Site
848 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,106
  • Total Rent: $2,106
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,556
  • Total Rent: $1,556
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,407
  • Total Rent: $1,407
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.14
  • Gross Scheduled Income: --
  • Net Operating Income: $62,066
  • Gross Operating Income: $96,844
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1024 S Cochran Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Electric, Gas, Kitchen, Living Room
Room Information
  • Flooring: Wood, Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: Multi/Split
  • Window Features: Blinds, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Parking Space
Property Information
  • Has View
  • Total # of Units: 4
  • Parcel Number: 5084017039
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: South of Olympic Blvd. & West of La Brea Ave.
View more facts & features

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Sale History for 1024 S Cochran Ave

Last leased for $2,950 on August 22nd, 2023
  • August, 2023

  • Aug 22, 2023

    Date

    Leased

    CRMLS: 23297655

    $2,950

    Price

  • Aug 20, 2023

    Date

    Active

    CRMLS: 23297655

    $2,790

    Price

  • Listing provided courtesy of CRMLS

    Step into the welcoming embrace of this 1st-floor unit, nestled in the heart of Miracle Mile. Experience the buzz of vibrant Olympic and Cochran, just moments away. This impeccably maintained building houses a quartet of units, and this specific one is your cool oasis. Comfort and convenience define this haven: 2 Bedrooms + 1 and 1/2 Bath await. Unwind in an expansive 1400 sq ft living space, perfect for relaxation and entertainment. Fully equipped kitchen, complete with a refrigerator and dishwasher, simplifies meal preparation. The in-unit washer and dryer add the ultimate convenience. Desirably located in Miracle Mile, indulge in a nexus of convenience and culture. Shops, eateries, and entertainment are mere steps away. With easy access to major roads, your commutes are stress-free, accommodating wherever your day leads. Ready for immediate occupancy, this unit beckons you to embrace its exceptional lifestyle. Don't delay in seizing the chance to lease prime real estate in the coveted Miracle Mile area. Reach out now to arrange a tour or gather more information. Your opportunity awaits.

  • August, 2022

  • Aug 10, 2022

    Date

    Sold

    CRMLS: 22135249

    $1,865,000

    Price

  • Mar 10, 2022

    Date

    Active

    CRMLS: 22135249

    $1,950,000

    Price

  • February, 2014

  • Feb 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • October, 2013

  • Oct 25, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

Show More

Tax History for 1024 S Cochran Ave

Assessed Value (2020): $1,457,160
Year Land Value Improved Value Assessed Value
2020 $1,120,893 $336,267 $1,457,160

Home Value Compared to the Market

This property vs the competition

1024 S Cochran Ave sold on August 10, 2022 for 48.35% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $332.98 per/sqft which puts the price per square foot 57.9% lower than the current median sale per square foot for the city of Los Angeles.

About 1024 S Cochran Ave

Detailed summary of property

1024 S Cochran Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 5,676 living square feet, and sits on an approximately 6,895 square foot lot. 1024 S Cochran Ave was first listed on ArdentRealEstateGroup.com on March 10, 2022. The homeowner sold the property for $1,865,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.35% higher than the current median priced home. Local homes that are currently for sale include 1852 S La Brea Ave, 4711 St Elmo Dr and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 100 days, 1024 S Cochran Ave has a days on market of 129 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1024 S Cochran Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1024 S Cochran Ave

Public county record property details
Beds
8
Baths
4
Year built
1925
Sq. Ft.
5,676
Lot Size
6,894
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
373
APN
5084-017-039

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
76
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 1024 S Cochran Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.