M
Seller's Agent in 2023
Mi Soon Kim
Hanbada Realty Inc.
(626) 720-6676
8 Total Sales
1024 S Cochran Ave Los Angeles, CA 90019
Miracle Mile Neighborhood
8
Beds
4
Baths
5,676
Sq Ft
6,895
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Laundry Room
About This Home
As of August 2022Excellent Location, Excellent Neighborhood. Beautifully maintained Four-Plex full of charm available for sale located in the heart of LA, in high demand Miracle Mile area with building size of 5676 SqFt.2 bedrooms units,1419 SqFt each, featuring high ceiling, hardwood floor, large living room and formal dining room, one unit has fireplace, good size Kitchen and washer and dryer Hook ups. Good closet spaces. The size feel much larger then most single family residence. The units are partially remodeled. It has a new automatic sprinkler system. Each unit has one parking space and an additional parking. Close to transit, Schools ,retail,restaurants.It is perfect for investment or to live in one and rent out other three. Each unit have one full bath, 2 units has an additional half of bath, buyer to independently investigate all matters to fully satisfy themselves. Sold "As Is" Property offers prime LA living within minutes of local restaurants.Future subway plans will only increase value!An incredible opportunity!Must see to appreciate!!
Last Agent to Sell the Property
Hiba Matta
Re/Max Premier Prop SanMarino License #01835638 Listed on: 11/18/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,563
Year Built
- Built in 1925
Lot Details
- 6,895 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Raised Foundation
Interior Spaces
- 5,676 Sq Ft Home
- Living Room with Fireplace
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 373
- Tax Tract Number 5070
- Assessor Parcel Number 5084017039
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,400
- Trash Expense $600
- Water Sewer Expense $2,400
- New Taxes Expense $13,000
- Gross Income $6,200
- Net Operating Income $54,535
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Jul 26, 2022
Sold by
Hwan Pak Hyong and Im Jong
Bought by
Sung In Yi And Hyong Sun Yi Living Trust
Seller's Agent
Kevin Kim
Good Members Investment
Buyer's Agent
Harry Chung
Hanbada Realty Inc.
List Price
$1,950,000
Sold Price
$1,865,000
Premium/Discount to List
-$85,000
-4.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,132
Avg. Annual Appreciation
-0.10%
Original Mortgage
$300,000
Outstanding Balance
$287,618
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$1,571,605
Purchase Details
Listed on
Nov 18, 2013
Closed on
Dec 23, 2013
Sold by
Harout Sakaoghli Trust
Bought by
Pak Hyong Hwan and Pak Jong Im
Seller's Agent
Hiba Matta
Re/Max Premier Prop SanMarino
Buyer's Agent
Kevin Kim
Good Members Investment
List Price
$1,388,000
Sold Price
$1,300,000
Premium/Discount to List
-$88,000
-6.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$830,000
Interest Rate
4.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2013
Sold by
Lott Marjorie
Bought by
Sakaoghli Harout and Harout Sakaoghli Trust
Purchase Details
Closed on
Feb 23, 1998
Sold by
Banks Ernest
Bought by
Banks Marjorie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,865,090 | Chicago Title | |
| Grant Deed | $1,300,000 | Chicago Title | |
| Grant Deed | $1,075,000 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $756,500 | New Conventional | |
| Previous Owner | $830,000 | New Conventional | |
| Previous Owner | $475,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Rented | $2,950 | 0.0% | -- |
| 08/21/2023 08/21/23 | Price Changed | $2,950 | +5.7% | $2 / Sq Ft |
| 08/20/2023 08/20/23 | For Rent | $2,790 | 0.0% | -- |
| 08/10/2022 08/10/22 | Sold | $1,865,000 | -1.3% | $329 / Sq Ft |
| 07/17/2022 07/17/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | Price Changed | $1,890,000 | -3.1% | $333 / Sq Ft |
| 03/10/2022 03/10/22 | For Sale | $1,950,000 | +50.0% | $344 / Sq Ft |
| 02/21/2014 02/21/14 | Sold | $1,300,000 | -6.3% | $229 / Sq Ft |
| 12/10/2013 12/10/13 | Pending | -- | -- | -- |
| 11/18/2013 11/18/13 | For Sale | $1,388,000 | -- | $245 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,563 | $1,940,346 | $1,352,520 | $587,826 |
| 2024 | $23,563 | $1,902,300 | $1,326,000 | $576,300 |
| 2023 | $23,114 | $1,865,000 | $1,300,000 | $565,000 |
| 2022 | $18,242 | $1,501,700 | $1,155,155 | $346,545 |
| 2021 | $17,996 | $1,472,255 | $1,132,505 | $339,750 |
| 2019 | $17,463 | $1,428,589 | $1,098,915 | $329,674 |
| 2018 | $17,308 | $1,400,578 | $1,077,368 | $323,210 |
| 2016 | $16,517 | $1,346,194 | $1,035,534 | $310,660 |
| 2015 | $16,278 | $1,325,974 | $1,019,980 | $305,994 |
| 2014 | -- | $1,300,000 | $900,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mi Soon Kim
-
Kevin Kim
Seller's Agent in 2022
Kevin Kim
Good Members Investment
(213) 272-6003
1 in this area
8 Total Sales
-
H
Buyer's Agent in 2022
Harry Chung
Hanbada Realty Inc.
-
H
Seller's Agent in 2014
Hiba Matta
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13233564
APN: 5084-017-039
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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