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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Apartment buildings
603 Cochran Ave Los Angeles, CA 90036-4050
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6532367
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1929
Construction
TILT-UP CONCRETE
Total area
43,044 SF
Lot
0.36 ac (15,596 SF)
Zoning code
LAR4
APN
5508-010-012
UPID
US09-6532367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pro Roofing Los Angeles Roofing Company General Contractor
-
Tim's Clam Shop Medical Group
-
Miracle Mile Hypnosis Alternative Medicine Practice
-
Cornell Hall Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Crown Assets LLC · 24 yrs held
Crown Assets LLC
since 2001
7 recorded transactions
Zoning & alternative use
LAR4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$21 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$76,540
Tax year 2024
Assessed value
$5,993,181
Assessed 2024
Previous assessed
$5,993,181
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,896,672
Assessed improvement
$3,096,509
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Units
55
Bathrooms
55
Total area
43,044 SF
Lot
0.36 ac (15,596 SF)
Zoning code
LAR4
APN
5508-010-012
UPID
US09-6532367
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Units
55
Bathrooms
55
Lot
0.36 ac
Current owner
From public records · entity-resolved
Crown Assets LLC
Entity
Mailing address
3251 W 6TH ST, LOS ANGELES, CA 90020-5023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
—
Crown Assets LLC
—
Deed
related
$6,850,000 · Jpmorgan Chase Bank NA
Jul 11, 2019
—
Crown Assets LLC
—
Deed
related
$6,750,000 · Jpmorgan Chase Bank NA
Nov 16, 2001
$4,100,000
Crown Assets LLC
Cornell National LLC
Grant Deed
related
$965,000 · Lend Lease Mortgage Capital LP
Oct 5, 1998
—
Cornell Natl
Natl Income Realty Tr,
Quit Claim Deed
related
—
Dec 9, 1994
$45,909
National Income Realty Trust
Green Realty INC
Grant Deed
—
Dec 17, 1991
$2,620,000
Green Realty INC
Natl Income Real
Grant Deed
$1,622,750 · First Republic
Apr 16, 1990
—
Natl
Kapla
Trustees Deed
related
—
Oct 25, 1989
—
Cornell A Fenway
Kaplan Donald S&
Grant Deed
related
—
—
—
Crown Assets LLC
—
Deed Of Trust
related
$4,900,000 · J P Morgan Chase Bank
—
—
Fenwa
—
Deed Of Trust
related
$289,113 · Kaplan Donald S&
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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