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2314 South Cochran Avenue

2314 South Cochran Avenue, Los Angeles, CA 90016
Property in Mid City
Sold Nov 01, 2019
$790,000
$790,000 by Bank Of America Na
Mortgage Due Nov 01, 2049
Sold Dec 08, 2010
$347,500
$312,750 by Skyline Financial Corp
Mortgage Due Jan 01, 2041
Local assessors in Los Angeles, CA have categorized 2314 South Cochran Avenue as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1934. The property's lot size has been calculated to be 5,040 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2314 South Cochran Avenue has a total of 1,162 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2314 South Cochran Avenue sold most recently in Sep 14, 2019 for a total of $790,000. If you work out the math, that's approximately a cost of $679.86 per sqft. Before that, the property was also sold for $347,500 in Nov 2, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,766 in taxes each year. The initial year of tax delinquency occurred in 2019. 2314 South Cochran Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $830,427. If we break it down further, the land itself was valued at $664,343. Improvements to the property, however, were assessed at a total of $166,084. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,040
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1566
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=1566 1/2 VAC ALLEY ADJ ON SE AND LOT 425

Ownership

  • Current Owner : TAUBMAN NOAH
  • Previous Owner : ALVARADO OSCAR
  • Previous Owner 2: COBIAN MARIA A
  • Owner Before Previous Owner: HAYATA JILL
  • Owner Before Previous Owner 2: JT FAMILY TRUST OF 2006

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218400

Zoning

  • Zoning: LARD1.5

Geography

  • Subdivision Tract Number: 1566
  • Parcel: 5063-008-070
  • Lot: 425
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0366
  • Longitude: -118.357

    Address

  • Full Address: 2314 S Cochran Ave
  • Address - House Number: 2314
  • Street Direction: S
  • Address - Street Name: Cochran
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 2125
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,766
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,156,255
  • High Value: 1,408,164
  • Low Value: 904,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $790,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Loan Amount: $790,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $830,427
  • Assessed Land Value: $664,343
  • Assessed Improvements Value: $166,084

    Sales

  • Current Sale Contract Date: Sep 14, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672642251
  • Current Sale Price: $790,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1183468
  • Previous Sale Recording Date: Dec 08, 2010
  • Previous Sale Contract Date: Nov 02, 2010
  • Previous Sale Amount: $347,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $790,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 08, 2010
  • Previous Mortgage Loan Amount: $312,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

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Frequently Asked Questions

What neighborhood is 2314 South Cochran Avenue located in?
The 2314 South Cochran Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 2314 South Cochran Avenue?
The average sales price for units in 2314 South Cochran Avenue is $0 currently.

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