$1895000 Price Analysis   ♡   Los Angeles, CA 90019 7 bed 6 bath 3537 SqFt ($535/SqFt) 4727SqFt lot. Built 1952 Listed 2024-05-13, Taxes $8284 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We pleased to offer the opportunity to acquire this six (6)
Unit multifamily inves tment opportunity located at 1287 S. Cochran, in the City of Los Angeles. This two-story, single structure was constructed of wood frame and stucco on a raised foundation built in 1952 with a square footage of 3, 537 on a 4, 725-square foot lot, zoned LAR3. The building has been reinforced and upgraded in compliance with the latest city codes and regulations and is comprised of a remarkable unit mix, consisting of five (5) vast 1+1 units and one (1) 2+1 unit.
Three (3) units will be delivered vacant and the asset is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, in-unit washer and dryers, secured gated entry, five (5) on-site parking garages, updated copper plumbing and individually metered for gas and electricity.
Presented by Davis Saadian at
Carolwood Estates.
Property MLS #24-391027 from TheMLSCLAW
Full Bathrooms: 6
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4727
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2200, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2000, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2350, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 2350, 6 BedsTotal: 2, 6 BathsTotal: 1, 6 SquareFeet: 2850
County: Los Angeles
Cap Rate: 6
Directions: 1287 S. Cochran Avenue | Los Angeles 90019
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Parcel Number: 5085-014-031
Postal Code Plus 4: 2893
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $295621 + $341193 $636814 | $8284 |
| 2021 | $289825 + $334503 $624328 | $8169 |
| 2020 | $286854 + $331074 $617928 | $8244 |
| 2019 | $281230 + $324583 $605813 | $7942 |
| 2018 | $275716 + $318219 $593935 | $7835 |
| 2017 | $270310 + $311980 $582290 | $7633 |
| 2016 | $265010 + $305863 $570873 | $7437 |
| 2015 | $261030 + $301269 $562299 | $7336 |
| 2014 | $255917 + $295368 $551285 | $7447 |
| 2013 | $254761 + $294034 $548795 | $7382 |
| 2012 | $249766 + $288269 $538035 | $7476 |
| 2010 | $244869 + $282617 $527486 | $7246 |
| 2009 | $243617 + $281172 $524789 | $6987 |
| 2009 | $243039 + $280505 $523544 | $6987 |
| 2008 | $238841 + $275659 $514500 | $6704 |
| 2007 | $212958 + $270254 $483212 | $6235 |
$1895000
TheMLSCLAW
Listing removed 2014-04-02
$1395
WestsideRentals
Listed for rent 2014-03-19
$1395
WestsideRentals
Sold 2003-01-31
$447000
Public Record
Sold 2001-09-27
$319000
Public Record
Sold 2001-07-20
$359000
ITECH
Listed 2000-10-25
$359000
ITECH
Listing removed 2000-08-25
$329000
ITECH
Listed 2000-02-24
$329000
ITECH
Listing removed 2000-02-19
$265000
ITECH
Listed 1999-02-18
$265000
ITECH
Sold 1998-03-06
$180000
Public Record
Year Built: 1952
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 72
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.