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Sold for $2,000,000
  • Listed by: Olsen Realty • Douglas Olsen • Contact: 949-735-7094
    Bought with: Olsen Realty
    $2,000,000

    1524 S Cochran Ave, Los Angeles, CA 90019

    9beds
    6baths
    3,761sqft
    Triplex
    Built in 2023
    -- sqft lot
    $1,770,100 Zestimate®
    $532/sqft
    $2,836 Estimated rent

    Home value

    $1,770,100

    $1.61M - $1.96M

    $2,836/mo

    Zestimate® history
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    What's special

    Turn-key, ready to move in condition. This new construction could be a great investment opportunity for someone looking to own rental property or for a buyer who wants to live in one unit and rent out the others. The inclusion of AC, laminated flooring, and paid-off solar attractive features could make the units more appealing to potential renters or buyers. The fact that each unit has 3 bedrooms and 2 bathrooms and comes with a total of 4 parkable spaces in the garage, and also extra parking spaces out side of the garage. The open floor plan and modern design of the kitchen and living room could make the units more appealing to renters or buyers who value a contemporary look. Overall, this new construction around Mid-Wilshire sounds like a promising investment opportunity for those looking to enter the Los Angeles real estate market. The building is on two levels instead of 3 floors, a positive feature for owner(s) or renters who prefer living in a building with fewer levels. The property is located near shopping centers, and about 2 miles away from The Gove and Beverly Hill location about 3 miles away. Kaiser Permanente West Los Angeles Medical Center is about 1.2 miles away. Attractive location for healthcare professionals. The Proforma numbers are estimated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Olsen DRE #01928821 949-533-0787,

    Olsen Realty

    Bought with:

    Julie Olsen, DRE #01435744

    Olsen Realty

    Julie Olsen, DRE #01435744

    Olsen Realty

    Source: CRMLS,MLS#: OC23183501MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Rooms
    • Room types: Entry/Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Flooring: Laminate, Wood
    • Windows: Blinds, Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,761
    • Total interior livable area: 3,761 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Covered, Driveway
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,481 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5070012023
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    • Security: Fire Sprinkler System, Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $532/sqft
    • Tax assessed value: $2,040,000
    • Annual tax amount: $24,532
    • Date on market: 10/2/2023
    • Cumulative days on market: 221 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    1/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/12/2024Price change$3,795-5%$1/sqft
    Source: Zillow Rentals Report a problem
    12/20/2023Listed for rent$3,995$1/sqft
    Source: Zillow Rentals Report a problem
    12/15/2023Sold$2,000,000-7%$532/sqft
    Source: CRMLS #OC23183501 Report a problem
    10/14/2023Pending sale$2,150,000$572/sqft
    Source: CRMLS #OC23183501 Report a problem
    10/2/2023Listed for sale$2,150,000+152.9%$572/sqft
    Source: CRMLS #OC23183501 Report a problem
    2/25/2022Sold$850,000+151.1%$226/sqft
    Source: Public Record Report a problem
    6/17/2010Sold$338,500-38.5%$90/sqft
    Source: Public Record Report a problem
    8/24/2008Listing removed$550,000$146/sqft
    Source: Point2 #22106181 Report a problem
    3/19/2008Listed for sale$550,000$146/sqft
    Source: Point2 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,532 +1.4%$2,040,000 +2%
    2024$24,203 +128.1%$2,000,000 +130.7%
    2023$10,612 +4.4%$867,000 +110.6%
    2022$10,162 +105.4%$411,729 +2%
    2021$4,947 -1%$403,657 +1%
    2020$4,996 $399,519 +2%
    2019$4,996 +4.9%$391,686 +2%
    2018$4,764 $384,007 +2%
    2017$4,764 +2.2%$376,479 +2%
    2016$4,663 +2.3%$369,098 +1.5%
    2015$4,557 +0.9%$363,555 +2%
    2014$4,514 $356,434 +2.5%
    2012-- $347,868 +2%
    2011-- $341,048 +201.9%
    2010-- $112,966 -0.2%
    2009-- $113,236 +2%
    2008-- $111,017 +2%
    2007-- $108,841 +2%
    2006-- $106,708
    2005-- $106,708 +4%
    2004-- $102,567 +1.9%
    2003-- $100,688 +2%
    2002-- $98,714 +4%
    2000-- $94,883
    Find assessor info on the county website

    Neighborhood: Mid City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,770,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,770,100