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636 Cochran Avenue
Los Angeles, CA 90036
Sold
636 Cochran Avenue
Los Angeles, CA 90036
Sold
We are pleased to present The Stanford Apartments located at 636 S. Cochran Avenue A 32 Unit apartment building located in the Miracle Mile district of Los Angeles. Built in 1928, the property consists of Eight (8) One Bedroom Units, and Twenty Four (24) Studio Units. 26/32 Units are designated Luxury Exempt. This means the exempt units are not subject to LA City Rent Control. The path to stabilization is significantly more efficient. Unit types are comprised of units with varying sizes allowing an investor to appeal to variety of tenants needs. The 21,320 sf building is located on a 7,802 sf lot and is zoned LAR4. 636 S. Cochran Avenue allows investors an opportunity to acquire a very well maintained investment property with significant upside potential. The building is located at the epicenter of Los Angeles, just blocks from the CBS Studios and benefits from its immediate proximity to the Grove, Park La Brea, LACMA, as well as the many shops on Melrose Ave. The immediate area boasts a dense and affluent residential and daytime population with incomes in excess of $130,000/yr.
PROPERTY INFORMATION
| MLS # | 23235491 | Lot Size | 7,802 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 7,500,000
Price Per SqFt: $ 352 |
DOM | 832 Days |
| Address | 636 Cochran Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 21,320 Sq. Ft. |
| Postal Code | 90036 | Garage | N/A |
| County | Los Angeles | Year Built | 1928 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1928 | Status | Closed |
| Sold Date | 2023-04-07 |
INTERIOR FEATURES
| Has Heating | No |
| Heating Information | None |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $8,000
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/07/2023 | Sold | $6,800,000 |
| 04/03/2023 | Active Under Contract | $7,500,000 |
| 01/24/2023 | Listed | $7,500,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Jeffrey Louks, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
