1166 South Cochran Avenue

Los Angeles, CA 90019

$2,425,000
Last Sold Price
8
Beds
8
Baths
3,421 Sq. Ft.
$709 / Sq. Ft.
3,421
Sq. Ft.
$709
per Sq. Ft.

Description

5% Cap Rate on Day 1 - TURN-KEY 4-Plex in the Miracle Mile. Brand new A to Z gut-level renovation throughout ALL apartments. ALL units are (4) 2 Bedroom / 2 Bathroom apartment homes. ALL Four units have seen a full gut-level, down-to-the-studs renovation including all-new kitchens with new stainless-steel appliances, new washer and dryer, open floor plans, NEW ELECTRICAL, AIR CONDITIONING, PLUMBING, WINDOWS, CONCRETE DRIVEWAY & PARKING ... too much to mention here. First unit is leased for $3,395...5% Cap Rate on Day 1 - TURN-KEY 4-Plex in the Miracle Mile. Brand new A to Z gut-level renovation throughout ALL apartments. ALL units are (4) 2 Bedroom / 2 Bathroom apartment homes. ALL Four units have seen a full gut-level, down-to-the-studs renovation including all-new kitchens with new stainless-steel appliances, new washer and dryer, open floor plans, NEW ELECTRICAL, AIR CONDITIONING, PLUMBING, WINDOWS, CONCRETE DRIVEWAY & PARKING ... too much to mention here. First unit is leased for $3,395 and remaining 3 are vacant for benefit of buyer.
  1. Listed by Archie Robb • DRE #02002291 • Brokerage DRE #01208019 • Keller Williams Studio City
  2. Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01208019 • KW Commercial Studio City

Property Details for 1166 South Cochran Avenue

Zoning
LAR3
Style
Modern
Parcel Number
5084018017
Total Units
4.0
Living Area
3421
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
3

Location

Listing Courtesy of Keller Williams Studio City, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By Keyes Real Estate, Joshua Stein-Sapir, DRE #01979910; Keyes Real Estate, Brad Keyes, DRE #01857106

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LISTING UPDATED: 07/02/2021 01:39 PM

Property Details for 1166 South Cochran Avenue

StatusSold
MLS #21-706758
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.17 AC / 7,341 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By Keyes Real Estate, Joshua Stein-Sapir, DRE #01979910; Keyes Real Estate, Brad Keyes, DRE #01857106

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Building Information for 1166 South Cochran Avenue

Stories2Residences-Year Built1935Building Size-Lot Size0.17 AC / 7,341 SF

Payment Calculator

$15,757 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,234

Property Taxes

$2,523

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1166 South Cochran Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
  • Property Condition: Updated/Remodeled, New Construction
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $159,701
  • Net Operating Income: $124,183.00
  • Gross Income: $162,960
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $15.50
  • Total Annual Expense: 35518
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1685
  • Lot Size Square Feet: 7341
Parking Details
Parking Details
  • Parking Garage: Assigned, Garage - 3 Car
  • Total Parking: 6
  • Covered Parking: 3
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 3
  • Parking Features: Assigned, Garage - Three Door
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central, Wall Furnace
  • Heating Type: Central, Wall
  • Flooring: Hardwood, Tile
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Hood Fan, Freezer, Washer, Refrigerator, Range/Oven
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-17-2021
  • Tenant Pays: Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,395.00
  • Unit Actual Rent: $3,395.00
  • Unit Projected Rent: $3,395.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,395.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,395.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,395.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,395.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,395.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,395.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $403,259.00
  • Assessed Improvement Percent: 29.69
  • Assessed Land Value: $955,087.00
  • Assessed Land Percent: 70.31
  • Assessed Total Value: $1,358,346.00

Property History for 1166 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 1166 South Cochran Avenue

Taxable ValueLand$1,836,000Additions$637,500Total$2,473,500
Tax Record2023$30,271 ($2,523 / month)
Home Facts
Total Finished SqFt3,421 SqFtAbove Grade Finished SqFt3,421 SqFtLot Size7,341 SqFtStyleQuadraplexYear Built1935ZoningLAR3CountyLOS ANGELESAPN5084-018-017

Schools near 1166 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
Public - 6 to 12
Rating
School
Distance
Wilshire Crest Elementary School
PublicK to 5

New Los Angeles Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

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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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215

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.