We are pleased to present a prime development opportunity at 1420 S Cochran Ave, Los Angeles, CA.This project is nearly ready for construction, with plans that are close to approval and on the verge of becoming Ready to Issue (RTI). The old structure on the lot has already been demolished, enabling an expedited start date for construction.The plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. The proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.Situated in the Mid-City neighborhood of Los Angeles, 1420 S Cochran Ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.This central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. It is just a short drive from popular attractions such as LACMA, The Grove, and The Farmers Market. The area is also rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: Cochran & Pico
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Tax Information:
Annual Amount: $10,819
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $578.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24470775
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
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: 12/18/2024, 1:20:58 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
DATE
EVENT
PRICE
Mar 27, 2018
Mar 27, 2018Home Sold
$3,477,273
Oct 30, 1992
Oct 30, 1992Home Sold
$205,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,819
$893,501
2020
$10,497
$884,340
2019
$3,857
$867,000
2018
$3,776
$312,332
2017
$3,776
$306,209
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Saturn Street Elementary
5360 Saturn St
Distance between this listing and this school0.21 miles
Public District Grades KG-5
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
6
/10
Wilshire Crest Elementary
5241 W Olympic Blvd
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Nearby Schools
6
/10
New los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school0.57 miles
Public Charter Grades 6-8
6
/10
John Burroughs Middle School
600 S McCadden Pl
Distance between this listing and this school1.47 miles
Public District Grades 6-8
3
/10
Johnnie Cochran Jr. Middle School
4066 W Johnnie Cochran Vis
Distance between this listing and this school1.52 miles
Public District Grades 6-8
Nearby Schools
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school1.10 miles
Public District Grades 6-12
3
/10
Los Angeles High School
4650 W Olympic Blvd
Distance between this listing and this school1.31 miles
Public District Grades 9-12
9
/10
Girls Academic Leadership Academy Dr. Michelle King School STEM
1067 West Blvd
Distance between this listing and this school1.33 miles
The neighbors living near this home have an average income of $46,250. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1420 S Cochran Ave
What is the listing price of this property?
The listing price of 1420 S Cochran Ave property is $1,600,000.
What type of property is this?
The property 1420 S Cochran Ave is land located in Los Angeles, California, 90019.
Is this property for sale now?
Active Listing: 1420 S Cochran Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,819 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 27, 2018 for $3,477,273. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1420 S Cochran Ave in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $1,600,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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