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Back 456 S Cochran Ave
Off Market

456 S Cochran Ave

Los Angeles CA 90036

8
32
21320 sq. ft.
7808 sq. ft.
Other
Last sold for $6,000,000
Michael StermanMichael Sterman, last sold this property on 09 July 2025 after 81 days on market.

Overview

We are pleased to present 456 S. Cochran Ave, a rare chance to acquire a 32-unit multifamily property in Los Angeles' coveted Miracle Mile, a very charming asset with significant value-add upside. This 21,320-square-foot building, constructed in 1920, features 24 studios and 8 one-bedroom/one bath units. Located in the vibrant Miracle Mile neighborhood, the property benefits from proximity to cultural, retail, and transit hubs, ensuring low vacancies and strong tenant demand from professionals and creatives. This offering is well-positioned for Buyers seeking a high-potential asset in a supply-constrained submarket with robust fundamentals. Premier Location Situated in Miracle Mile, with a Walk Score of ~90, offering proximity to a myriad of dining, retail, and entertainment destinations. The Grove (1 mile),West Hollywood (2.5 miles), and transit options like the Metro E Line (La Brea Station, opening 2025).Value-Add Potential Current Rents ~18% Below Market. Attractive Pricing Asking Price of $6,225,000 ($194,531/unit), 9.98 GIM, 5.76% CAP, $291.98 P/SF.

Features

8 bedrooms
32 bathrooms
21320 sq. ft. floor area
7808 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 8 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 456 S Cochran Ave is $2.06m.

Median value
$2.06m
Estimated value range
$1.7m - $6m
Median days on market
74
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 456 S Cochran Ave

2025
Sold
$6,000,000
09 Jul 2025 by Michael Sterman, of Marcus & Millichap
2020
Rented
Undisclosed
17 Nov 2020 by Cusack Real Estate Inc.
2015
Sold
$2,005,936
23 Jan 2015

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 9 eight-bedroom other properties similar to 456 S Cochran Ave, have been sold.

This represents a 12% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

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Angelo Fierro

Angelo Fierro is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (14 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Deann Craddolph

Deann Craddolph is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Abigail Waddell

Abigail Waddell is a recommended agent for Los Angeles.  They have collected 1 local review across the last 12 months.

  •   5   (40 reviews)
  •  1 Review in Los Angeles
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Brad Keyes

Brad Keyes is a recommended agent for Los Angeles.  They have 3 local sales across the last 12 months.

  •  3 Sales in Los Angeles
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