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813 N Cherokee Ave, Los Angeles, CA 90038
$2,600,000
813 N Cherokee Ave, Los Angeles, CA 90038View this property at 813 N Cherokee Ave, Los Angeles, CA 90038
813 N Cherokee AveLos AngelesCA90038
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Property Description
2023 construction modern style duplex located in the heart of Hollywood! Part of a 4 building new construction duplex portfolio! Built by TJH, this duplex features two 4 bedroom / 2.5 bathroom townhome units. Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.14% cap rate and at $656/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry and a private backyard. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities keeping costs low for an investor! The location is renter's paradise and sits in a central area of LA close to major employment hubs. This area is walking distance to Melrose where some of the best restaurants in LA are located!
Full Property Details
Full Property Details for 813 N Cherokee Ave
General
- Sold For: $2,600,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-347387
- Added to Site: 112 day(s) ago
Interior
- Flooring: Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Garage
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: North of Melrose and East of Highland
- Direction Faces: East
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Architectural Style: Modern
- Common Walls: Attached
- Windows: Double-Pane Windows
- Stories/Levels: 2
- Square Feet: 3,924
- Sq. Ft. Source: Builder
- Year Built: 2023
- Year Built Source: Builder
- Property Condition: New Construction
Unit Information
- Units in Complex: 2
- Unit Type: 2106
Unit 1
- Total Bathrooms: 2.5
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1436
- Lot Size: 6255
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 127
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $656.22
- Assessment Year: 2023
- Owner Pays: Gardener
- Tenant Pays: Electricity, Gas, Water, Trash Collection
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5524-006-010
Listed by BRC Advisors- BH, John Katnik
Sold by Century 21 Masters, Karen Versace
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Schools
Schools serving 813 N Cherokee Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
955 Vine St, Los Angeles, CA 90038 | K-6 | 0.5 mi | |
929 N Las Palmas Ave, Los Angeles, CA 90038 | 6-8 | 0.2 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 813 N Cherokee Ave
Date
Details
Price
Change
Source
2/13/2024
Sold
$2,600,000
0.97%
MLS
1/13/2024
Listed
$2,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
813 N Cherokee Ave, Los Angeles, CA 90038 (MLS# 24-347387) is a Multi-Family property that was sold at $2,600,000 on February 13, 2024. Want to learn more about 813 N Cherokee Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.