1208 S Cochran Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
ACTIVE$1,699,000
1208 S Cochran Avenue, Los Angeles, California 90019
0Bed
0Bath
3,223Sqft
6,215Lot
Year Built
1942
Close
-
List price
$1.7M
Original List price
$1.79M
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
TR25165812
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.70M(69th), sqft - 3223(46th), beds - undefined(50th), baths - undefined(50th).
Excellent opportunity to own four units in the Miracle Mile area. The property includes a fourth unit at the back—a small one-bedroom, one-bath studio that was converted from a garage. All work appears to have been approved, and there are separate meters on the property. This is an outstanding cash flow opportunity. The property has a clear title, making this an easy transaction. Please call for more details.
Price History
Date
Event
Price
11/26/25
Price Change
$1,699,000-4.2%
08/27/25
Price Change
$1,774,000-0.9%
07/23/25
Listing
$1,789,900
08/07/23
Sold
$2,200,000
09/04/19
Sold
$2,100,000
08/24/18
Sold
$1,300,000
Condition Rating
Good
Built in 1942, the property's age suggests potential for older underlying systems. However, the interior images reveal extensive and recent renovations, particularly in the kitchens and bathrooms. The kitchens feature modern white shaker cabinets, subway tile backsplashes, contemporary countertops, and recessed lighting. Bathrooms are updated with modern tile work, new tubs/showers, and fresh finishes. Flooring consists of hardwood and wood-look tile, contributing to a clean, updated aesthetic. The units appear move-in ready with no immediate cosmetic renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years, despite the overall building age.
Pros & Cons
Pros
Multi-Unit Income Property: Features four distinct units, including an approved garage conversion, maximizing rental income potential and diversifying revenue streams.
Premier Miracle Mile Location: Situated in the highly sought-after Miracle Mile area of Los Angeles, offering strong tenant demand and appreciation potential due to its desirable amenities and cultural attractions.
Strong Cash Flow Opportunity: Explicitly identified as an outstanding cash flow opportunity, making it an attractive investment for generating substantial rental income.
Independent Utility Management: Separate utility meters for each unit simplify tenant billing and reduce landlord utility expenses, streamlining property management.
Streamlined Transaction: The property boasts a clear title, which facilitates a smooth and efficient closing process for the buyer.
Cons
Multiple Price Reductions: The property has undergone several price drops from its original listing, potentially signaling initial overvaluation or challenges in attracting buyers at previous price points.
Advanced Property Age: Built in 1942, the property is over 80 years old, which may necessitate significant capital expenditures for system upgrades, deferred maintenance, or compliance with modern building codes.
Recent Sale Price Discrepancy: The current list price is considerably lower than its last recorded sale price of $2.2M in 2023, raising questions about potential underlying issues or a rapid decline in market value not immediately apparent.