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1311 N Cherokee Ave, Los Angeles, CA 90028
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1311 N Cherokee Ave Los Angeles, CA 90028

$1,350,000 Sold Price as of 03/26/2024
  • 7 Beds
  • 4 Baths
  • 1,655 Sq.Ft.
Sold
$1,350,000 Sold Price as of 03/26/2024 Refinance Your Mortgage
Map preview of 1311 N Cherokee Ave, Los Angeles, CA 90028

Property Overview: 1311 N Cherokee Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 1,655 living square feet and 5,119 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sweet and charming Craftsman (Duplex) home, with bonus studio. Perfect for owner user, a work/home scenario, investor, or someone looking to supplement costs of main house. All of the original character intact while property has been updated. Main house with old world front porch and grassy front yard, offers 2 bedrooms and 2 bathrooms, spacious Living and Dining area, great kitchen, beamed ceilings, built in cabinetry, and more. The 2nd residence offers same type of character with 1 bedroom and 1 bath, and sweet kitchen, and living/dining area. The 3rd structure ( approx. 350 sq. ft not included in appraisal estimate and buyer to verify permits) is a perfect at home studio/office with a 1/2 bath and possibilities. All structures surround a grassy yard framed with multiple mature fruit trees. All units are vacant. Fireplace is decorative only. Buyer to verify square footage.Seller to select services. Property beign sold AS IS.

Listed by Keith Cox | BRE #01142277 | Keller Williams Beverly Hills
Last checked: 8 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,119
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24362569
City
Los Angeles
County
Los Angeles
Time on Site
70 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.8%
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $80,880
  • Gross Operating Income: $108,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1311 N Cherokee Ave

Interior Features
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Range
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Auto Driveway Gate
Lot Information
  • Lot Features: Lawn
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5547031003
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Fountain and South of DeLongpre, East of Highland
View more facts & features

Local Los Angeles Agent

Sale History for 1311 N Cherokee Ave

Last sold for $1,350,000 on March 26th, 2024

  • March, 2024

  • Mar 26, 2024

    Date

    Sold

    CRMLS: 24362569

    $1,350,000

    Price

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24362569

    $1,195,000

    Price

  • May, 2018

  • May 10, 2018

    Date

    Sold

    CRMLS: 18316742

    $1,288,000

    Price

  • Apr 7, 2018

    Date

    Pending

    CRMLS: 18316742

    $1,319,000

    Price

  • Mar 21, 2018

    Date

    Active Under Contract

    CRMLS: 18316742

    $1,319,000

    Price

  • Feb 23, 2018

    Date

    Active

    CRMLS: 18316742

    $1,319,000

    Price

  • Listing provided courtesy of CRMLS

    Charm, charm, charm! Circa 1915 California Craftsman (Duplex) home with second house in back plus studio! Very hard to find property. Privately located behind a lushly landscaped and fenced front yard. All of the original character details intact include: low pitched roof with wide eave overhang, front porch supported with original distinctive columns, wooden front door with oval window, hardwood flooring, stone fireplace, built-in leaded glass windows, 2 bedrooms, 2 baths, beamed ceilings, wood clapboard, wood shingles, built in cabinetry in dining room and Fr doors that lead out to the back deck and yard. A sophisticated yet relaxed casual atmosphere! The second residence also has the same character with 1 bedroom and 1 bath and great storage. All structures will be delivered vacant. The third structure is a permitted studio/office with a ½ bath and has endless possibilities. Grassy back yard with lemon, orange and grapefruit trees.

  • May, 2018

  • May 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,288,000

    Price

  • April, 2011

  • Apr 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $589,000

    Price

Show More

Tax History for 1311 N Cherokee Ave

Assessed Value (2020): $1,340,035
Year Land Value Improved Value Assessed Value
2020 $1,014,390 $325,645 $1,340,035

Home Value Compared to the Market

This property vs the competition

1311 N Cherokee Ave sold on March 26, 2024 for 0.42% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $722.05 per/sqft which puts the price per square foot 4.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1311 N Cherokee Ave

Detailed summary of property

1311 N Cherokee Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 1,655 living square feet, and sits on an approximately 5,119 square foot lot. 1311 N Cherokee Ave was first listed on ArdentRealEstateGroup.com on February 29, 2024. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.42% higher than the current median priced home. Local homes that are currently for sale include 1000 N Oxford Ave, 4938 Maplewood Ave and 2912 Park Center Dr. While the average home in Los Angeles, CA is selling in 94 days, 1311 N Cherokee Ave has a days on market of 10 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1311 N Cherokee Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1311 N Cherokee Ave

Public county record property details
Beds
2
Baths
2
Year built
1915
Sq. Ft.
1,673
Lot Size
5,166
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5547-031-003

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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