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1503 S Cochran Ave, Los Angeles, CA 90019
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1503 S Cochran Ave Los Angeles, CA 90019

$1,025,000 Sold Price as of 12/14/2023
  • 12 Beds
  • 10 Baths
  • 3,162 Sq.Ft.
Sold
$1,025,000 Sold Price as of 12/14/2023 Refinance Your Mortgage
Map preview of 1503 S Cochran Ave, Los Angeles, CA 90019

Property Overview: 1503 S Cochran Ave Los Angeles, CA has 12 bedrooms, 10 bathrooms, 3,162 living square feet and 5,951 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous 3-unit building in the heart of Mid-Wilshire...units have a mix of laminate and carpeting...long term residents...enter the units into an open floor plan...cooking area next to living room...hallway to bedroom(s) and bath...Owner pays for water....residents pay for gas, electricity and cable...large open parking area in rear...this particular location there is no rent control...all units have wall air-conditioning units...minutes from LAX, Wilshire corridor, Hollywood, Culver City, beaches...a number of buildings in the area have been or are being refurbished...

Listed by Art Sommerville | BRE #00450451 | Art Sommerville Real Estate
Last checked: 10 minutes ago | Last updated: December 20th, 2023 | Source CRMLS | DOM: 217

Home details

Lot Sq. Ft
5,951
HOA Dues
$0/mo
Year built
1996
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23269577
City
Los Angeles
County
Los Angeles
Time on Site
349 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,294
  • Total Rent: $1,294
  • Pro Forma/Market Rent: $1,921
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,103
  • Total Rent: $1,103
  • Pro Forma/Market Rent: $1,921
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,444
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,294
  • Total Rent: $1,294
  • Pro Forma/Market Rent: $1,921
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $56,124
  • Gross Operating Income: $62,364
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1503 S Cochran Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Carpet
Kitchen Information
  • No Appliances
  • Disposal, None
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway Down Slope From Street, Direct Garage Access
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5069035026
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other, Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Venice Blvd between Hauser and Fairfax
View more facts & features

Local Los Angeles Agent

Sale History for 1503 S Cochran Ave

Last sold for $1,025,000 on December 14th, 2023

  • December, 2023

  • Dec 14, 2023

    Date

    Sold

    CRMLS: 23269577

    $1,025,000

    Price

  • May 11, 2023

    Date

    Active

    CRMLS: 23269577

    $1,300,000

    Price

Tax History for 1503 S Cochran Ave

Assessed Value (2020): $232,201
Year Land Value Improved Value Assessed Value
2020 $25,864 $206,337 $232,201

Home Value Compared to the Market

This property vs the competition

1503 S Cochran Ave sold on December 14, 2023 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $379.51 per/sqft which puts the price per square foot 49.73% lower than the current median sale per square foot for the city of Los Angeles.

About 1503 S Cochran Ave

Detailed summary of property

1503 S Cochran Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 12 bedrooms, 10 bathrooms, roughly 3,162 living square feet, and sits on an approximately 5,951 square foot lot. 1503 S Cochran Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,025,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 5346 Smiley Dr, 3008 S West View St and 5161 W Jefferson Blvd. While the average home in Los Angeles, CA is selling in 92 days, 1503 S Cochran Ave has a days on market of 217 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1503 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 1503 S Cochran Ave

Public county record property details
Beds
4
Baths
3
Year built
1996
Sq. Ft.
3,162
Lot Size
5,936
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5069-035-026

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1503 S Cochran Ave

1524 S Cochran Ave, Los Angeles, CA 90019
$2,000,000 Last Sold Price
9 Beds
6 Baths
3761 Sq.Ft.
1524 S Cochran Ave
Los Angeles, CA 90019
1505 S Cochran Ave, Los Angeles, CA 90019
$2,485,000 Last Sold Price
41 Beds
31 Baths
4320 Sq.Ft.
1505 S Cochran Ave
Los Angeles, CA 90019
1514 S Cochran Ave, Los Angeles, CA 90019
$2,830,602 Last Sold Price
16 Beds
12 Baths
9166 Sq.Ft.
1514 S Cochran Ave
Los Angeles, CA 90019
1506 S Cochran Ave, Los Angeles, CA 90019
$1,660,000 Last Sold Price
12 Beds
7 Baths
5833 Sq.Ft.
1506 S Cochran Ave
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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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