1883 S Cochran Ave, Los Angeles, CA 90019
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1883 S Cochran Ave Los Angeles, CA 90019

$1,525,000
  • 3 Beds
  • 2 Baths
  • 2,085 Sq.Ft.
For Sale
$1,525,000 Get Pre-Qualified

Map preview of 1883 S Cochran Ave, Los Angeles, CA 90019

Property Overview: 1883 S Cochran Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,085 living square feet and 8,686 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: **Developers /Investors** We are proud to exclusively present for sale multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

Listed by Derrick Smith | BRE #02019367 | Coldwell Banker Realty
Last checked: 7 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
8,686
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24373431
City
Los Angeles
County
Los Angeles
Time on Site
31 days

Open Houses for 1883 S Cochran Ave

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Property Details for 1883 S Cochran Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Family Room, Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • No Attached Garage
Property Information
  • Has View
  • View: City Lights, Hills
  • Common Walls: No Common Walls
  • Parcel Number: 5064001015
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

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Sale History for 1883 S Cochran Ave

Last sold on September 11th, 1998
  • March, 2024

  • Mar 27, 2024

    Date

    Active

    CRMLS: 24373431

    $1,525,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23295045

    $1,500,000

    Price

  • Jul 27, 2023

    Date

    Active

    CRMLS: 23295045

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    **Developers /Investors** We are proud to exclusively present for sale a by-right 9 unit multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,683 SF RD1.5 zoned lot features 54x119 ft dimensions, a Tier 1 TOC eligibility, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied single-family home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Do not miss out on this special opportunity!

  • September, 1998

  • Sep 11, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1997

  • Jun 13, 1997

    Date

    Sold (Public Records)

    Public Records

    $135,000

    Price

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Tax History for 1883 S Cochran Ave

Assessed Value (2020): $299,417
Year Land Value Improved Value Assessed Value
2020 $164,042 $135,375 $299,417

Home Value Compared to the Market

This property vs the competition

1883 S Cochran Ave is listed 22.1% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $731.41 per/sqft which puts the price per square foot 5.26% lower than the median price per square foot for the city of Los Angeles.

About 1883 S Cochran Ave

Detailed summary of property

1883 S Cochran Ave is a single family home located in Los Angeles, CA 90019 and is currently for sale. This house offers 3 bedrooms, 2 bathrooms, roughly 2,085 living square feet, and sits on an approximately 8,686 square foot lot. 1883 S Cochran Ave was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $1,525,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 22.1% higher than the median priced home. Local competing homes currently for sale include 2141 S Rimpau Blvd, 2101 Thurman Ave and 1266 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 97 days, 1883 S Cochran Ave has a days on market of 25 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1883 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 1883 S Cochran Ave

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
2,085
Lot Size
8,701
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5064-001-015

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
$1,675,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
58
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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Related Resources to 1883 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.