NOT LISTED FOR SALE

1506 S Cochran Ave Los Angeles, CA 90019

Mid-City Neighborhood
12 Beds
8 Baths
5,833 Sq Ft
6,166 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $1,660,000 $285 Per Sq Ft

19 Days on Market

About This Home

As of April 2022

The subject property is a two story wood frame and stucco five unit apartment building built in 1962. The property is located in the Mid City sub market of Los Angeles just south of Pico Blvd and seven blocks east of La Brea Ave. The unit mix consist of two three- bedroom two- bathroom units, one two-bedroom one and-one-half bathroom with den, and two two- bedroom one- bathroom units. The property has significant upside upon turnover of the units which are approximately36% below market rent. There may be a potential to add ADU or Unit Conversions - Buyer to Verify.

Last Agent to Sell the Property

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 02/24/2022

Last Buyer's Agent

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 02/24/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,166

Home Design

  • 5,833 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 5 Parking Spaces
  • Carport

Additional Features

  • Washer
  • 6,166 Sq Ft Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5070-012-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5833
  • Lot Acreage: 0.1415
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Equipment: Washer
  • Price Per S Q F T: 295.73

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 5

Lot Info

  • Assessed Improvement Percent: 48.28
  • Assessed Improvement Value: 374642
  • Assessed Land Percent: 51.72
  • Assessed Land Value: 401403
  • Total Assessed Value: 776045
  • Assessor Parcel Number: 5070-012-019
  • Lot Size Area: 6166

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.86
  • Number Of Units: 5
  • Type Of Units: 5

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $1,660,000 -3.8% $285 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,725,000 -- $296 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Lewin

    Seller's Agent in 2022

    Benjamin Lewin

    Marcus & Millichap

    (818) 212-2700

    2 in this area

    10 Total Sales

    Benjamin Lewin
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-130995

The MLS
California Los Angeles County Los Angeles 90019 Mid-City

1506 S Cochran Ave, Los Angeles, CA

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes