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2322 South Cochran Avenue

2322 South Cochran Avenue, Los Angeles, CA 90016
House in Mid City
Sold Oct 11, 2019
$675,000
$607,000 by First Choice Funding Inc
Mortgage
2322 South Cochran Avenue in Los Angeles, CA was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1928. This has been categorized as a residential property type. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2322 South Cochran Avenue has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,040 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home is utilizing floor/wall heating system. 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, 2322 South Cochran Avenue sold most recently in Aug 21, 2019 for a total of $675,000. If you work out the math, that's approximately a cost of $649.04 per sqft. 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 $8,301 in taxes each year. The initial year of tax delinquency occurred in 2021. 2322 South Cochran Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $709,544. If we break it down further, the land itself was valued at $709,544. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1925
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

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

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,040
  • 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 427

Ownership

  • Current Owner : 2322 COCHRAN LLC
  • Previous Owner : CONERLY TOWNS DENITA M
  • Previous Owner 2: TOWNS DENITA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARD1.5

Geography

  • Subdivision Tract Number: 1566
  • Parcel: 5063-008-072
  • Lot: 427
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0364
  • Longitude: -118.357

    Address

  • Full Address: 2322 S Cochran Ave
  • Address - House Number: 2322
  • 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: $8,301
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 1,117,207
  • High Value: 1,193,090
  • Low Value: 1,041,324

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $762,000
  • First Open Lien Mortgage Lender: FIRST CHOICE FUNDING INC
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $607,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: JV REAL ESTATE PARTNERS INC
  • Second Open Lien Mortgage Recording Date: Jan 29, 2021
  • Second Open Lien Mortgage Loan Amount: $155,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $709,544
  • Assessed Land Value: $709,544

    Sales

  • Current Sale Contract Date: Aug 21, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11660765092
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1084824

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CHOICE FUNDING INC
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $607,000

About South LA



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Frequently Asked Questions

What neighborhood is 2322 South Cochran Avenue located in?
The 2322 South Cochran Avenue is a house located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 2322 South Cochran Avenue?
The average sales price for units in 2322 South Cochran Avenue is $675,000 , or $649/sqft. currently.

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