Sold
636 S Cochran Avenue
Los Angeles CA, 90036
$6,800,000
$318.95 per sqft
Sold
8 Beds
32 Baths
21,320 sqft
Residential
Built in 1928
Listed by Jeffrey Louks with Marcus & Millichap 818-212-2700
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.
23235491
MLSⓇ ID
January 24, 2023
Listed
March 23, 2024
Updated
Map
636 S Cochran Avenue
Los Angeles CA, 90036
Interior Features
Total Stories
4
Bedrooms
8
Total Bathrooms
32
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.18 Acres
Other Property Details
Area Name
C19 - Beverly Center-Miracle Mile
Days on Market
69
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LAR4
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
5/18/2023 | Sold | $6,800,000 |
Listing Contact: 818-212-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:27 AM UTC