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2653 S Cochran Ave, Los Angeles, CA 90016
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2653 S Cochran Ave Los Angeles, CA 90016

$1,099,000 Sold Price as of 06/10/2020
  • 8 Beds
  • 4 Baths
  • 2,400 Sq.Ft.
Sold
$1,099,000 Sold Price as of 06/10/2020 Refinance Your Mortgage
Map preview of 2653 S Cochran Ave, Los Angeles, CA 90016

Property Overview: 2653 S Cochran Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,400 living square feet and 4,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 2007 and renovated in 2020, this spectacular West Adams duplex offers huge potential to an Investor or Owner-User. Both Units feature near identical 1,200 sqft floorplans with 4 Bedrooms, 2 Bathrooms, open-concept living, dining, and kitchen areas, and in-unit laundry. The lot has space for 6 cars in the back, or potential to build another unit and/or ADU. Located in the heart of West Adams and ready for immediate move-in, this duplex offers endless potential and multiple profitable strategies.

Listed by Max Armand | BRE #01912736 | The Address, Inc
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
4,802
HOA Dues
$0/mo
Year built
2007
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC20078864
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $77,760
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,640
  • New Taxes: $0
  • Trash: $1,200
  • Insurance: $2,400

Virtual Tour

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Property Details for 2653 S Cochran Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5043006012
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Other Subdivision Name: West Adams
  • Directions: 2653 S Cochran Avenue, Los Angeles
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2653 S Cochran Ave

Last sold for $1,099,000 on June 10th, 2020

  • June, 2020

  • Jun 12, 2020

    Date

    Sold

    CRMLS: OC20078864

    $1,099,000

    Price

  • May 27, 2020

    Date

    Pending

    CRMLS: OC20078864

    $1,099,000

    Price

  • May 9, 2020

    Date

    Active Under Contract

    CRMLS: OC20078864

    $1,099,000

    Price

  • Apr 24, 2020

    Date

    Active

    CRMLS: OC20078864

    $1,099,000

    Price

  • June, 2020

  • Jun 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,099,000

    Price

  • May, 2019

  • May 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

Show More

Tax History for 2653 S Cochran Ave

Assessed Value (2020): $1,142,400
Year Land Value Improved Value Assessed Value
2020 $734,400 $408,000 $1,142,400

Home Value Compared to the Market

This property vs the competition

2653 S Cochran Ave sold on June 10, 2020 for 13.74% lower 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 $457.92 per/sqft which puts the price per square foot 42.11% lower than the current median sale per square foot for the city of Los Angeles.

About 2653 S Cochran Ave

Detailed summary of property

2653 S Cochran Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,400 living square feet, and sits on an approximately 4,802 square foot lot. 2653 S Cochran Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,099,000. 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 13.74% lower than the current median priced home. Local homes that are currently for sale include 2121 Thurman Ave, 1847 S Curson Ave and 1618 S Burnside Ave. While the average home in Los Angeles, CA is selling in 100 days, 2653 S Cochran Ave has a days on market of 14 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 2653 S Cochran Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2653 S Cochran Ave

Public county record property details
Beds
6
Baths
4
Year built
2007
Sq. Ft.
2,400
Lot Size
4,801
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5043-006-012

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,098,000
Median List Price/Sq.Ft.
$760
Median Sold Price
$1,125,000
Median Sold Price/Sq.Ft.
$704
Total Inventory
80
Median Sale to List Price %
102.27%
Avg Days on Market
26
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (0%), Other (23.08%)

Thinking of Selling?

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(714) 706-1823

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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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