1867 South Cochran Avenue

Los Angeles, CA 90019

$999,999
Price
3
Beds
2
Baths
1,707 Sq. Ft.
$586 / Sq. Ft.
1,707
Sq. Ft.
$586
per Sq. Ft.

Description

Welcome to 1867 and 1869 S. Cochran Ave, a detached duplex located in Mid City Heights, truly the center of LA. Located within close proximity to Culver City, Beverly Hills, Century City, Koreatown, and Downtown LA, this property has the possibility of great future income potential. Front unit (1867) is a 1bed/1bath at 657 sf and could potentially be rented around $1700 per month. Back unit (1869) is a 2bed/1bath at 1050sf and could potentially be rented at $2,900 per month. This lot is zoned RD1.5...Welcome to 1867 and 1869 S. Cochran Ave, a detached duplex located in Mid City Heights, truly the center of LA. Located within close proximity to Culver City, Beverly Hills, Century City, Koreatown, and Downtown LA, this property has the possibility of great future income potential. Front unit (1867) is a 1bed/1bath at 657 sf and could potentially be rented around $1700 per month. Back unit (1869) is a 2bed/1bath at 1050sf and could potentially be rented at $2,900 per month. This lot is zoned RD1.5 which may allow an investor to build a dwelling unit per 1500 square foot of space. Up to 4 units may potentially be built on this lot, if variance is granted if the builder provides affordable housing units. Potentially, ADU's and Junior ADU's may be added on this lot. Check the Los Angeles Department of Building and Safety and Los Angeles City planning for exact possibilities. Sold as is. Both units are currently tenant occupied on month to month terms. Please do not disturb tenants or walk on the property. Showings are only allowed subject to proof of funds or bank pre-approval letter which should be emailed to sinaaryeh@gmail.com; please text 310-486-8191 once sent to confirm receipt of submission.
  1. Listed by Sina Aryeh • DRE #02068241 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1867 South Cochran Avenue

Zoning
LARD1.5
Parcel Number
5064001012
Total Units
2.0
Living Area
1707
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
5904
LISTING UPDATED: 10/29/2024 01:34 PM

Property Details for 1867 South Cochran Avenue

StatusActive
MLS #24-449611
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.14 AC / 5,904 SF
CountyLos Angeles County

Building Information for 1867 South Cochran Avenue

Stories-Residences-Year Built1949Building Size-Lot Size0.14 AC / 5,904 SF

Property Information for 1867 South Cochran Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $55,200
  • Net Operating Income: $41,797.00
  • Gross Income: $55,200
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $18.00
  • Total Annual Expense: 13403
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1355
  • Lot Size Square Feet: 5904
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Floor, Wall Gas
  • Equipment: Gas Dryer Hookup, Hood Fan, Stackable W/D Hookup
  • Laundry: Stackable
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $706.44
  • Unit Actual Rent: $706.44
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $855.16
  • Unit Actual Rent: $855.16
  • Unit Projected Rent: $2,900.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $115,479.00
  • Assessed Improvement Percent: 55.24
  • Assessed Land Value: $93,570.00
  • Assessed Land Percent: 44.76
  • Assessed Total Value: $209,049.00

Property History for 1867 South Cochran Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1867 South Cochran Avenue

Taxable ValueLand$793,254Additions$339,966Total$1,133,220
Tax Record2024$13,977 ($1,165 / month)
Home Facts
Total Finished SqFt1,707 SqFtAbove Grade Finished SqFt1,707 SqFtLot Size5,904 SqFtStyleDuplexYear Built1949ZoningLARD1.5CountyLOS ANGELESAPN5064-001-012

Schools near 1867 South Cochran Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1867 South Cochran Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on October 9, 2024 by Coldwell Banker Realty, it's currently listed at $999,999. This listing's school district is Los Angeles Unified School District. Nearby schools include Saturn Street Elementary School, Emerson Community Charter School and Fairfax Senior High School. 1867 South Cochran Avenue is a 3-bed, 2-bath, 1,707 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Sina Aryeh, DRE #02068241

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.