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1883 S Cochran Ave, Los Angeles, CA, 90019

$1,525,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,085 SqFt
$731/SqFt
House
Schools Nearby

Location

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1883 S Cochran Ave, Los Angeles$1,525,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingCentral
FireplaceLiving Room
ViewCity Lights, Hills
MLS #24373431
Lot Size0.20 Acres
StatusActive

About 1883 S Cochran Ave

**Developers /Investors** We are proud to exclusively present for sale 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1925
  • Stories: 1
  • Living Area: 2,085 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Derrick Smith

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Hills

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Ralph Waldo Emerson Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Saturn Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,525,000
  • Price Per SqFt: $731/SqFt

Tax Information:

  • Annual Amount: $3,873
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1883 S Cochran Ave vs Los Angeles

30 DAYS ON ROCKET

-4 Days

$1,525,000

+$549K More

$731/SqFt

+$103 More

KEY TAKEAWAY

This property is $549K more than the Median Sold Price and $103/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24373431

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Derrick Smith

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 13, 1997Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,873$302,518
2020$3,762$299,417
2019$3,641$293,547
2018$3,010$287,792
2017$3,010$237,950

History based on county public records data.

Payment Calculator

$7,679

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,639

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1167151
3
/10
  • Saturn Street Elementary School

  • 5360 Saturn St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-1167152
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.97 miles

  • Public Magnet Grades KG-6

school-card-donut-1167153
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.34 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1167154
6
/10
  • Ralph Waldo Emerson Middle School

  • 1650 Selby Ave

  • 4.70 miles

  • Public District Grades 6-8

school-card-donut-1167155
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.03 miles

  • Public District Grades 6-8

High School

school-card-donut-1167156
4
/10
  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 2.87 miles

  • Public Magnet Grades 9-12

school-card-donut-1167157
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.19 miles

  • Public Magnet Grades 9-12

school-card-donut-1167158
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.30 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,786. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1883 S Cochran Ave

What is the listing price of this property?

The listing price of 1883 S Cochran Ave property is $1,525,000.

What type of property is this?

The property 1883 S Cochran Ave is a house located in Los Angeles, California, 90019.

Is this property for sale now?

Active Listing: 1883 S Cochran Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1883 S Cochran Ave are:
Saturn Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Ralph Waldo Emerson Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,873 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 13, 1997 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1883 S Cochran Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1883 S Cochran Ave is 2,085 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1883 S Cochran Ave is 1925.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900191883 S Cochran Ave

This home is located at 1883 S Cochran Ave in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This 2,085 square foot home, which was built in 1925, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,525,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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