NOT LISTED FOR SALE

1111 S Cochran Ave Los Angeles, CA 90019

Miracle Mile Neighborhood
8 Beds
6 Baths
4,960 Sq Ft
6,583 Sq Ft Lot

Last Sold April 01, 2022

Last sale price $2,962,500 $597 Per Sq Ft

63 Days on Market

Highlights

  • Wood Flooring
  • Detached Carport Space
  • Central Heating and Cooling System

About This Home

As of April 2022

Incredible opportunity to own such a well cared for property. Unit mix is 2- 2 bed + 1 bath unit and 4- 1 bed + 1 bath. All units went though sizeable renovations several years ago bringing them up to date with quality, but still keeping the original integrity of the units. Most have original crown moldings, other upgrades include drought tolerant landscape, newer roof, copper plumbing, central air/heat, dual pane windows, upgraded electrical systems. refinished hardwood floors (chocolate hardwood and original oak), tile floors in kitchens, upgraded hard surface counter tops, dual stainless sinks, disposals, smooth ceilings, recessed lights, upgraded bathrooms and in-unit washer and dryers. There are 5 parking spaces in a covered carport. Prime rental area near most major hubs. Property is located in H.P.O.Z. Please do not go onto the property nor disturb the tenants.

Last Agent to Sell the Property

Benjamin Shapiro

Nourmand & Associates-BH License #01318506 Listed on: 01/10/2022

Nourmand & Associates-BH

Last Buyer's Agent

Heather Altman

Douglas Elliman of California, Inc. License #01833121

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,583

Interior Spaces

  • 4,960 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Detached Carport Space
  • Assigned Parking

Additional Features

  • 6,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5085-011-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4960
  • Lot Acreage: 0.1511
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Tile
  • Bedrooms: 8
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Equipment: Washer, Dryer, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven
  • Price Per S Q F T: 614.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Electric Expense: 925.00
  • Heating: Central
  • Water Expense: 3117.00

Fee Information

  • Insurance Expense: 3291.00
  • Maintenance Expense: 17563.00
  • Trash Expense: 4473.00

Lot Info

  • Assessed Improvement Percent: 40.74
  • Assessed Improvement Value: 902256
  • Assessed Land Percent: 59.26
  • Assessed Land Value: 1312373
  • Total Assessed Value: 2214629
  • Assessor Parcel Number: 5085-011-018
  • Lot Size Area: 6583

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 59477.10
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 27183.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $2,962,500 -2.9% $597 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $3,050,000 -3.2% $615 / Sq Ft
01/10/2022 01/10/22 For Sale $3,150,000 +55.6% $635 / Sq Ft
02/25/2016 02/25/16 Sold $2,025,000 -16.5% $407 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $2,425,000 -- $487 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Shapiro

    Seller's Agent in 2022

    Benjamin Shapiro

    Nourmand & Associates-BH

    (323) 762-2508

    1 in this area

    21 Total Sales

    Benjamin Shapiro
    Section Image
  • Heather Altman

    Buyer's Agent in 2022

    Heather Altman

    Douglas Elliman of California, Inc.

    (310) 924-4664

    1 in this area

    59 Total Sales

    Heather Altman
    Section Image
  • Mark Gilmore

    Seller's Agent in 2016

    Mark Gilmore

    RE/MAX

    (818) 522-4249

    22 Total Sales

    Mark Gilmore
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-117211

The MLS

California Los Angeles County Los Angeles 90019 Miracle Mile

1111 S Cochran Ave, Los Angeles, CA

This home is located at 1111 S Cochran Ave, Los Angeles, CA 90019 since 10 January 2022. This property was built in 1953. 1111 S Cochran Ave is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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