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1166 S Cochran Ave, Los Angeles, CA 90019
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1166 S Cochran Ave Los Angeles, CA 90019

$2,425,000 Sold Price as of 07/02/2021
  • 8 Beds
  • 8 Baths
  • 3,421 Sq.Ft.
Sold
$2,425,000 Sold Price as of 07/02/2021 Refinance Your Mortgage
Map preview of 1166 S Cochran Ave, Los Angeles, CA 90019

Property Overview: 1166 S Cochran Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,421 living square feet and 7,341 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5% Cap Rate on Day 1 - TURN-KEY 4-Plex in the Miracle Mile. Brand new A to Z gut-level renovation throughout ALL apartments. ALL units are (4) 2 Bedroom / 2 Bathroom apartment homes. ALL Four units have seen a full gut-level, down-to-the-studs renovation including all-new kitchens with new stainless-steel appliances, new washer and dryer, open floor plans, NEW ELECTRICAL, AIR CONDITIONING, PLUMBING, WINDOWS, CONCRETE DRIVEWAY & PARKING ... too much to mention here. First unit is leased for $3,395 and remaining 3 are vacant for benefit of buyer.

Listed by Archie Robb | BRE #02002291 | Keller Williams Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 9 minutes ago | Last updated: February 14th, 2024 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
7,341
HOA Dues
$0/mo
Year built
1935
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21706758
City
Los Angeles
County
Los Angeles
Time on Site
1201 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,395
  • Total Rent: $3,395
  • Pro Forma/Market Rent: $3,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,395
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,395
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,395
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.5
  • Gross Scheduled Income: --
  • Net Operating Income: $124,183
  • Gross Operating Income: $159,701
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1166 S Cochran Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Garage - Three Door
Property Information
  • Total # of Units: 4
  • Parcel Number: 5084018017
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Near Olympic and Cochran
View more facts & features

Local Los Angeles Agent

Sale History for 1166 S Cochran Ave

Last leased for $2,995 on March 17th, 2022

  • March, 2022

  • Mar 17, 2022

    Date

    Leased

    CRMLS: 22124537

    $2,995

    Price

  • Feb 3, 2022

    Date

    Active

    CRMLS: 22124537

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled - everything in this unit is brand new! Ideally located right in the center of town, this property checks all the boxes: in unit washer and dryer, stainless steel appliances, off street parking, air conditioning, and you can be the first person to ever call this renovated property "home." The unit is on the top floor, it's move-in ready, and won't last long.

  • September, 2021

  • Sep 24, 2021

    Date

    Leased

    CRMLS: 21758528

    $2,995

    Price

  • Aug 24, 2021

    Date

    Price Change

    CRMLS: 21758528

    $2,995

    Price

  • Aug 17, 2021

    Date

    Price Change

    CRMLS: 21758528

    $3,295

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: 21758528

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled - everything in this unit is brand new! Ideally located right in the center of town, this property checks all the boxes: in unit washer and dryer, stainless steel appliances, off street parking, air conditioning, and you can be the first person to ever call this renovated property "home." The unit is on the top floor, it's move-in ready, and won't last long.

  • August, 2021

  • Aug 30, 2021

    Date

    Leased

    CRMLS: 21758144

    $3,195

    Price

  • Aug 24, 2021

    Date

    Price Change

    CRMLS: 21758144

    $3,195

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: 21758144

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled - everything in this unit is brand new! Ideally located right in the center of town, this property checks all the boxes: in unit washer and dryer, stainless steel appliances, off street parking, air conditioning, and you can be the first person to ever call this renovated property "home." In addition to all of the sparkling interior features, this unit comes with a drought tolerant, private, gated front yard. Move-in Ready and won't last long.

  • August, 2021

  • Aug 24, 2021

    Date

    Price Change

    CRMLS: 21758540

    $2,995

    Price

  • Aug 17, 2021

    Date

    Price Change

    CRMLS: 21758540

    $3,295

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: 21758540

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled - everything in this unit is brand new! Ideally located right in the center of town, this property checks all the boxes: in unit washer and dryer, stainless steel appliances, off street parking, air conditioning, and you can be the first person to ever call this renovated property "home." The unit is on the top floor, it's move-in ready, and won't last long.

  • July, 2021

  • Jul 2, 2021

    Date

    Sold

    CRMLS: 21706758

    $2,425,000

    Price

  • Jun 7, 2021

    Date

    Pending

    CRMLS: 21706758

    $2,525,000

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: 21706758

    $2,525,000

    Price

  • January, 2021

  • Jan 14, 2021

    Date

    Expired

    CRMLS: 20605140

    $3,495

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20605140

    $3,495

    Price

  • Jul 16, 2020

    Date

    Active

    CRMLS: 20605140

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    Summer Deal! Up to 6 weeks of free rent! Brand new and completely redone to perfection, this 4 unit building offers a 3 car garage plus extra uncovered parking. This 2 bedroom, 2 bath unit sits on the second floor, w/high ceilings and a porch off the front. All new floors, new dual wall-units for A/C & heat, kitchen & baths, stove, dishwasher and refrigerator! Laundry hookups conveniently available inside the unit so no need to lug around your laundry! Located south of Miracle Mile. You couldn't ask for a better location to live! Come quickly, they won't last long!

  • January, 2021

  • Jan 14, 2021

    Date

    Expired

    CRMLS: 20604950

    $3,495

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20604950

    $3,495

    Price

  • Jul 16, 2020

    Date

    Active

    CRMLS: 20604950

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    Summer Deal! Up to 6 weeks of free rent! Brand new and completely redone to perfection, this 4 unit building offers a 3 car garage plus extra uncovered parking. This 2 bedroom, 2 bath unit sits on the second floor, w/high ceilings and a porch off the front. All new floors, new dual wall-units for A/C & heat, kitchen & baths, stove, dishwasher and refrigerator! Laundry hookups available inside the unit so no need to lug around your laundry! Located south of Miracle Mile. You couldn't ask for a better location to live! Come quickly, they won't last long!

  • January, 2021

  • Jan 14, 2021

    Date

    Expired

    CRMLS: 20604938

    $3,550

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20604938

    $3,550

    Price

  • Jul 16, 2020

    Date

    Active

    CRMLS: 20604938

    $3,745

    Price

  • Listing provided courtesy of CRMLS

    Summer deal! Up to 6 weeks of free rent! Brand new and completely redone to perfection, this 4 unit building offers a 3 car garage plus extra uncovered parking. This 2 bedroom, 2 bath unit sits on the lower level and has an enclosed yard space and a beautiful porch off the living room. All new floors, new dual wall-units for A/C & heat, kitchen & baths, viking range, new dishwasher and refrigerator. Laundry hookups conveniently available inside the unit so no need to lug around your laundry! All located south of Miracle Mile. You couldn't ask for a better location to either live! Come quickly, they won't last long!

  • January, 2021

  • Jan 14, 2021

    Date

    Expired

    CRMLS: 20604316

    $2,648,426

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: 20604316

    $2,648,426

    Price

  • Listing provided courtesy of CRMLS

    Brand new and the perfect investment property! Completely redone to perfection, this 4 unit building offers 4 (2 bedroom, 2 bath each) units. 2 units up and 2 units down with a 3 car garage plus extra uncovered parking. The 2 units on the second floor have high ceilings and a porch off the front. The 2 units on the lower level have enclosed yard spaces and a porch off the living room. All new floors, new dual wall-units for A/C & heat, kitchen& baths. The best part about it is, owner can build another set of units in the back. Located south of Miracle Mile. You couldn't ask for a better location to either live in one and rent the others, or rent them all out. Come quickly, they won't last long!

  • January, 2021

  • Jan 14, 2021

    Date

    Expired

    CRMLS: 20604378

    $3,550

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20604378

    $3,550

    Price

  • Jul 16, 2020

    Date

    Active

    CRMLS: 20604378

    $3,745

    Price

  • Listing provided courtesy of CRMLS

    Summer deal! Up to 6 weeks of free rent! Brand new and completely redone to perfection, this 4 unit building offers a 3 car garage plus extra uncovered parking. This 2 bedroom, 2 bath unit sits on the lower level and has an enclosed yard space and a porch off the living room. All new floors, new dual wall-units for A/C & heat, kitchen & baths, viking range, new dishwasher and refrigerator. All located south of Miracle Mile. You couldn't ask for a better location to either live! Come quickly, they won't last long!

  • May, 2020

  • May 22, 2020

    Date

    Expired

    CRMLS: 19508730

    $2,684,262

    Price

  • Sep 9, 2019

    Date

    Price Change

    CRMLS: 19508730

    $2,684,262

    Price

  • Sep 9, 2019

    Date

    Active

    CRMLS: 19508730

    $2,695,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for that perfect investment property? Here it is! Newly redone to perfection this 4 unit building offers 4 (2 bedroom, 2 bath each) units, all redone! 2 units up and 2 units down with 3 car garage plus extra uncovered parking. The 2 units on the second floor have high ceilings and a porch off the front. All new floors, wall-units for A/C & heat, kitchen& baths. The two units downstairs have gated front yards. The best part about it isit will be delivered vacant & owner can build another 4 units in the back. Located south of Miracle Mileyou couldn't ask for a better location to either live in one and rent the others, or rent them all out. Come quicklythey won't last long.

  • August, 2016

  • Aug 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $351,000

    Price

  • March, 2016

  • Mar 24, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,260,000

    Price

  • October, 2015

  • Oct 22, 2015

    Date

    Price Change

    CRMLS: 15952801

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Investors and Developers. 1166-1168 S. Cochran Avenue. Currently a Duplex with Tremendous Upside Potential. Prime FIXER or Condominium - Apartment Development Opportunity. Zoned LAR3, Zoning allows for +/- 9 units. Buyer to do all their own investigations. Delivered Vacant. Close proximity to LACMA Arts District and The Grove. Being sold for Land Value. Prime Prime Prime.

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Tax History for 1166 S Cochran Ave

Assessed Value (2020): $1,358,346
Year Land Value Improved Value Assessed Value
2020 $955,087 $403,259 $1,358,346

Home Value Compared to the Market

This property vs the competition

1166 S Cochran Ave sold on July 2, 2021 for 123.45% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $738.09 per/sqft which puts the price per square foot 2.11% lower than the current median sale per square foot for the city of Los Angeles.

About 1166 S Cochran Ave

Detailed summary of property

1166 S Cochran Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 3,421 living square feet, and sits on an approximately 7,341 square foot lot. 1166 S Cochran Ave was first listed on ArdentRealEstateGroup.com on March 18, 2021. The homeowner sold the property for $2,425,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 123.45% higher than the current median priced home. Local homes that are currently for sale include 1141 S Hayworth Ave, 1118 Hi Point St and 1525 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 99 days, 1166 S Cochran Ave has a days on market of 82 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1166 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 1166 S Cochran Ave

Public county record property details
Beds
4
Baths
2
Year built
1935
Sq. Ft.
3,421
Lot Size
7,341
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
318,319
APN
5084-018-017

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%)

Thinking of Selling?

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(714) 706-1823

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1208 S Cochran Ave, Los Angeles, CA 90019
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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.

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