1883 South Cochran Avenue

Los Angeles, CA 90019

$1,525,000
Price
8,686 / 0.20
Lot Size / Acres

Description

Developers /Investors We are proud to exclusively present for sale a multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an...Developers /Investors We are proud to exclusively present for sale a multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,686 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!
  1. Listed by Derrick Smith • DRE #02019367 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1883 South Cochran Avenue

Zoning
LARD1.5
Parcel Number
5064001015
Area
Mid Los Angeles (C16)
Lot Size Area
8686
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5064-001-015
Directions
Google Maps

Location

Listing Courtesy of Coldwell Banker Realty, Derrick Smith, DRE #02019367
Add your commute
LISTING UPDATED: 04/10/2024 02:48 PM

Property Details for 1883 South Cochran Avenue

StatusActive
MLS #24-373497
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.20 AC
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Derrick Smith, DRE #02019367
Add your commute

Building Information for 1883 South Cochran Avenue

Lot Size0.20 AC

Payment Calculator

$8,666 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,323

Property Taxes

$343

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1883 South Cochran Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City, City Lights, Hills
  • View: City Lights, Hills
Contract Info
Contract Info
  • Disclosures: As Is, Listing Broker Advantage
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1994
  • Lot Size Square Feet: 8686
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-27-2024

Property History for 1883 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 1883 South Cochran Avenue

Taxable ValueLand$172,436Additions$142,302Total$314,738
Tax Record2023$4,112 ($343 / month)
Home Facts
Beds3Total Finished SqFt2,085 SqFtAbove Grade Finished SqFt2,085 SqFtStories1Lot Size8,702 SqFtStyleSingle Family ResidenceYear Built1925ZoningLARD1.5CountyLOS ANGELESAPN5064-001-015

Schools near 1883 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 - K to 5
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community 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.

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1883 South Cochran Avenue is a 0.20 ac of land for sale in Los Angeles, CA 90019. This property was listed for sale on March 27, 2024 by Coldwell Banker Realty, it's currently listed at $1,525,000. 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. 1883 South Cochran Avenue is a 0-bed, 0-bath, 0.20 ac of land on a 8,686 sq. ft. / 0.20 acres lot.

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 Coldwell Banker Realty, Derrick Smith, DRE #02019367

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.