NOT LISTED FOR SALE

1511 S Cochran Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,290,000 - $2,063,982

6 Beds
6 Baths
3,200 Sq Ft
$523/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $785,000 $245 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,981/month

7 Days on Market

About This Home

As of August 2012

Rare opportunity to own a PARTIALLY NON-RENT CONTROLLED PROPERTY in the CITY OF LOS ANGELES! (Upper 2 units are non-rent controlled. Lower unit may still be rent controlled, broker makes no guarantees) Great opportunity to owner occupy or keep the current tenants! All three units are 2 bed/2 bath with their own parking space AND Washer and Dryer for each unit! Two of the units have Saltillo Tiled floors and 3rd unit has original wood floors. Bonus 4th Bachelor unit too for bonus space or in-laws. Each unit has granite counters, new cabinetry, new bathrooms, new walls and trims. The building was upgraded from top to bottom in the rebuild in 2008, including plumbing, a new roof, new electrical and hot water heaters. This is a great mid-city location, adjacent to Culver City, and close to so many great places on Pico, Breakaway Bakery and Le Pain de Maison! This is a fabulous opportunit

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01701809 Listed on: 04/24/2012

Keller Williams Realty Los Feliz

Last Buyer's Agent

Rachel Hsieh

Keller Williams Realty Los Feliz License #01701809 Listed on: 04/24/2012

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,699

Year Built

  • Built in 1927

Lot Details

  • 6,075

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport

Additional Features

  • 6,075 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5069-035-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,699

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3200
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dryer, Washer
  • Price Per S Q F T: 249.69

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Carport
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 470142
  • Assessed Land Value: 215938
  • Assessor Parcel Number: 5069-035-017
  • Lot Size Area: 6075

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 3
  • Rent Control: 0%
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2012
Sold by
Segre Joseph and Segre Marcia
Bought by
Nelson Manuel
Current Estimated Value
$1,674,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Segre Joseph and Segre Marcia
Bought by
Segre Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,410
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 2003
Sold by
Hertz Frances Myra and Estate Of Rae Waxman
Bought by
Segre Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Manuel $785,000 Fatcola-Resale
Segre Joseph -- --
Segre Joseph $240,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Manuel $588,750
Previous Owner Segre Joseph $408,000
Previous Owner Segre Joseph $121,000
Previous Owner Segre Joseph $357,407
Previous Owner Segre Joseph $357,410
Previous Owner Segre Joseph $192,000
Closed Segre Joseph $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $785,000 -1.8% $245 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $799,000 -- $250 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $12,699 $1,033,815 $492,568 $541,247
2024 $12,699 $1,013,545 $482,910 $530,635
2023 $12,461 $993,673 $473,442 $520,231
2022 $11,895 $974,190 $464,159 $510,031
2021 $11,737 $955,089 $455,058 $500,031
2019 $10,665 $866,561 $441,561 $425,000
2018 $10,515 $849,570 $432,903 $416,667
2016 $9,958 $816,583 $416,094 $400,489
2015 $9,813 $804,318 $409,844 $394,474
2014 $9,859 $788,563 $401,816 $386,747
Source: Public Records

Agents Affiliated with this Home

  • Rachel Hsieh

    Seller's Agent in 2012

    Rachel Hsieh

    Keller Williams Realty Los Feliz

    (424) 242-8856

    17 in this area

    69 Total Sales

    Rachel Hsieh
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Map

Source: The MLS

MLS Number: 12-596009

The MLS

APN: 5069-035-017

California Los Angeles County Los Angeles 90019 Mid-City

1511 S Cochran Ave, Los Angeles, CA

This home is located at 1511 S Cochran Ave, Los Angeles, CA 90019 since 24 April 2012 and is currently estimated at $1,674,746, approximately $523 per square foot. This property was built in 1927. 1511 S Cochran Ave is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Fairfax High School, and New Los Angeles Charter.

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