1111 S Cochran Ave, Los Angeles, CA 90019
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1111 S Cochran Ave Los Angeles, CA 90019

$2,962,500 Sold Price as of 04/01/2022
  • 8 Beds
  • 6 Baths
  • 4,960 Sq.Ft.
Sold
$2,962,500 Sold Price as of 04/01/2022 Refinance Your Mortgage

Map preview of 1111 S Cochran Ave, Los Angeles, CA 90019

Property Overview: 1111 S Cochran Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 4,960 living square feet and 6,583 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible opportunity to own such a well cared for property. Unit mix is 2- 2 bed + 1 bath unit and 4- 1 bed + 1 bath. All units went though sizeable renovations several years ago bringing them up to date with quality, but still keeping the original integrity of the units. Most have original crown moldings, other upgrades include drought tolerant landscape, newer roof, copper plumbing, central air/heat, dual pane windows, upgraded electrical systems. refinished hardwood floors (chocolate hardwood and original oak), tile floors in kitchens, upgraded hard surface counter tops, dual stainless sinks, disposals, smooth ceilings, recessed lights, upgraded bathrooms and in-unit washer and dryers. There are 5 parking spaces in a covered carport. Prime rental area near most major hubs. Property is located in H.P.O.Z. Please do not go onto the property nor disturb the tenants.

Listed by Benjamin Shapiro | BRE #01318506 | Nourmand & Associates-HW
Last checked: 2 minutes ago | Last updated: April 1st, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
6,583
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22117211
City
Los Angeles
County
Los Angeles
Time on Site
904 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,895
  • Total Rent: $2,895
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,909
  • Total Rent: $1,909
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,111
  • Total Rent: $2,111
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $162,012
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $925
  • New Taxes: $27,183
  • Trash: $4,473
  • Gardener: $2,925
  • Insurance: $3,291
  • Maintenance: $17,563
  • Water/Sewer: $3,117

Property Details for 1111 S Cochran Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5085011018
Location / Neighborhood
Location Information
  • Directions: South of Olympic and North of San Vicente
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Sale History for 1111 S Cochran Ave

Last sold for $2,962,500 on April 1st, 2022
  • April, 2022

  • Apr 1, 2022

    Date

    Sold

    CRMLS: 22117211

    $2,962,500

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: 22117211

    $3,150,000

    Price

  • February, 2016

  • Feb 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,025,000

    Price

  • July, 2011

  • Jul 1, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

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Tax History for 1111 S Cochran Ave

Assessed Value (2020): $2,191,922
Year Land Value Improved Value Assessed Value
2020 $1,298,917 $893,005 $2,191,922

Home Value Compared to the Market

This property vs the competition

1111 S Cochran Ave sold on April 1, 2022 for 139.4% 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 $614.92 per/sqft which puts the price per square foot 22.26% lower than the current median sale per square foot for the city of Los Angeles.

About 1111 S Cochran Ave

Detailed summary of property

1111 S Cochran Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,960 living square feet, and sits on an approximately 6,583 square foot lot. 1111 S Cochran Ave was first listed on ArdentRealEstateGroup.com on January 10, 2022. The homeowner sold the property for $2,962,500. 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 139.4% higher than the current median priced home. Local homes that are currently for sale include 4522 W 17th St, 1921 Carmona Ave and 4400 W Washington Blvd. While the average home in Los Angeles, CA is selling in 100 days, 1111 S Cochran Ave has a days on market of 63 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 1111 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 1111 S Cochran Ave

Public county record property details
Beds
8
Baths
6
Year built
1953
Sq. Ft.
4,978
Lot Size
6,583
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
79
APN
5085-011-018

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
$1,399,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
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 1111 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.