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813 Cherokee Avenue

Los Angeles, CA 90038

$6,500
Price
4
Bed
2
Bath
1,962 Sq. Ft.
$3 / Sq. Ft.
Sold

813 Cherokee Avenue

Los Angeles, CA 90038

Sold
$6,500
Price
4
Bed
2
Bath
1,962
Sq. Ft.
Presenting a 2023-built, modern duplex, nestled in the vibrant heart of Hollywood. This property is part of a portfolio of four newly constructed duplexes, all crafted by TJH. Each duplex boasts two townhome units, each with 4 bedrooms and 2.5 bathrooms. At present, one unit is available for occupancy while the other is already generating income, making this an ideal opportunity for an owner-user. Offered at a cap rate of 5.14% and priced at $656 per square foot, this property presents a golden opportunity for the discerning investor to acquire a piece of prime Los Angeles real estate. The units are finished to the highest standards, with no detail overlooked during construction. Inside, you’ll find wide plank vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white shaker cabinets, and white quartz countertops. The kitchen is equipped with brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher, and microwave. Each unit comes with a 2-car garage and an additional outdoor space, in-unit laundry facilities, and a private backyard. The property also includes fully paid-off solar panels, courtesy of the developer. Tenants are responsible for all utilities, ensuring low overhead costs for the investor. The location is a renter’s dream, situated in a central area of LA close to major employment hubs. It’s just a short walk to Melrose, home to some of LA’s finest restaurants. This property is not just a home, but a lifestyle - a perfect leasing opportunity for those seeking sophistication and elegance.
PROPERTY INFORMATION
MLS # TR24034985 Lot Size 6,255 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 6,500
Price Per SqFt: $ 3
DOM 430 Days
Address 813 Cherokee Avenue Type Residential Lease
City Los Angeles Sq.Ft. 1,962 Sq. Ft.
Postal Code 90038 Garage 4
County Los Angeles Year Built 2021
Bed / Bath 4 / 2 Parking 4
Built In 2021 Status Closed
Rented Date 2024-05-02
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included
Has Fireplace Yes
Fireplace Information Electric
Room Information All Bedrooms Up
Has Cooling Yes
Cooling Information Central Air
EntryLocation Front Door
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 1
EXTERIOR FEATURES
Has Pool No
Pool None
Has Patio Yes
Patio Patio
WALKSCORE
PRICE HISTORY
Date Event Price
05/02/2024 Sold $6,500
05/01/2024 Relisted $6,500
03/30/2024 Price Change $6,500 (-8.90%)
02/19/2024 Listed $7,135
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Topfind Realty

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Listing provided courtesy of Karen Versace, Century 21 Masters. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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