1322 N Cherokee Ave, Los Angeles, CA 90028
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1322 N Cherokee Ave Los Angeles, CA 90028

$1,600,000 Sold Price as of 03/24/2022
  • 6 Beds
  • 4 Baths
  • 1,952 Sq.Ft.
Sold
$1,600,000 Sold Price as of 03/24/2022 Refinance Your Mortgage

Map preview of 1322 N Cherokee Ave, Los Angeles, CA 90028

Property Overview: 1322 N Cherokee Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 1,952 living square feet and 5,262 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Delighted to offer a rare piece of LA real estate. This side-by-side duplex in Hollywood's historic quarter is centrally located, on a quiet street yet in amongst the action. Close to Ameoba, Chinese Theater & Hollywood/Highland. The main house is a 1917 craftsman offering 2 beds, 2 baths. Enter to polished concrete floors, 18ft ceilings & a show-stopping spiral staircase which leads to your primary suite. Upstairs is a loft area perfect for an office, a spacious bedroom with walk-in closet, private balcony and a remodeled bathroom. The yard is the perfect spillover for your many visitors & dining alfresco, a beautiful private space. The recently remodeled Spanish bungalow is 2 bed, 1 bath and a private outdoor decking area. This 2nd unit has the option to be delivered VACANT. Both units each have their own driveway. Property is zoned RD1.5 - RARE HOLLYWOOD DUPLEX - DON'T MISS OUT!

Listed by James Brown | BRE #01997495 | Three Lions Realty
Co-listed by Michael White | BRE #01987399 | Three Lions Realty
Last checked: 8 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,262
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22119493
City
Los Angeles
County
Los Angeles
Time on Site
832 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,850
  • Total Rent: $4,850
  • Pro Forma/Market Rent: $4,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.88
  • Gross Scheduled Income: --
  • Net Operating Income: $63,240
  • Gross Operating Income: $90,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $150
  • Gardener: $100
  • Insurance: $150
  • Water/Sewer: $100

Property Details for 1322 N Cherokee Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway - Combination
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5547030021
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Sunset Blvd
View more facts & features

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Sale History for 1322 N Cherokee Ave

Last leased for $3,000 on May 11th, 2023
  • May, 2023

  • May 11, 2023

    Date

    Leased

    CRMLS: SR23075737

    $3,000

    Price

  • May 4, 2023

    Date

    Active

    CRMLS: SR23075737

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Excited to offer a rare gem and truly special piece of LA real estate in Hollywood's historic quarter. This beautifully maintained, updated 2 Bedroom, 1 Bath bungalow-style home is on tree-lined street and centrally located near all the happenings of Sunset Blvd. Enter to find elegant hard flooring and the home has been freshly painted throughout. Cherokee is all on one level and has a great open concept living space with eat-in kitchen, dining area, spacious living room and two generously-sized bedrooms that share a full bathroom. The private deck space off the living room side is ideal for entertaining or relaxing after a long day. Home has its own driveway offering easy off-street parking for two cars. Close proximity to a popular dog park and many top-rated coffee shops and restaurants. Welcome!

  • January, 2023

  • Jan 30, 2023

    Date

    Leased

    CRMLS: SR23008477

    $4,995

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: SR23008477

    $4,995

    Price

  • Listing provided courtesy of CRMLS

    Excited to offer a rare gem and truly special piece of LA real estate in Hollywood's historic quarter. This beautifully maintained, updated 2 Bedroom, 2 Bath Craftsman home is on tree-lined street and centrally located near all the happenings of Sunset Blvd. Enter to find polished concrete floors, 18 ft soaring ceilings & a show-stopping spiral staircase which leads to your master suite. On the first level, you have a great open concept living space with kitchen, dining area, spacious living room with fireplace and a generously-sized bedroom adjacent to a full bathroom. Upstairs you have a loft area perfect for an office, a spacious bedroom with walk-in closet, private balcony and a remodeled bathroom. The private yard space along the side and back of the home is ideal for entertaining or relaxing after a long day. Home has a fully-gated front yard as well and its own driveway offering easy parking for two cars. Close proximity to a popular dog park and many top-rated coffee shops and restaurants. Welcome!

  • March, 2022

  • Mar 24, 2022

    Date

    Sold

    CRMLS: 22119493

    $1,600,000

    Price

  • Jan 27, 2022

    Date

    Active

    CRMLS: 22119493

    $1,620,000

    Price

  • January, 2021

  • Jan 16, 2021

    Date

    Leased

    CRMLS: 21677102

    $4,750

    Price

  • Jan 15, 2021

    Date

    Pending

    CRMLS: 21677102

    $4,750

    Price

  • Jan 7, 2021

    Date

    Active

    CRMLS: 21677102

    $4,750

    Price

  • Listing provided courtesy of CRMLS

    Delighted to offer a rare piece of LA real estate in Hollywood's historic quarter. This beautifully maintained 2 bedroom, 2 bath Craftsman home is yards from a dog park, and all the happenings of Sunset Blvd. You enter to polished concrete floors, 18ft ceilings & a show-stopping spiral staircase which leads to your master suite. Upstairs you have a loft area perfect for an office, a spacious bedroom with walk-in closet, private balcony and a remodeled bathroom.The yard is the perfect spillover for your many visitors & dining alfresco. Walking distance to many top rated coffee shops. AvailableImmediately. 1 year lease. Call regarding pets. WATER/ELECTRIC/GARDENER/TRASH all INCLUDED!

  • December, 2020

  • Dec 23, 2020

    Date

    Canceled

    CRMLS: 20661708

    $5,300

    Price

  • Dec 18, 2020

    Date

    Price Change

    CRMLS: 20661708

    $5,300

    Price

  • Nov 19, 2020

    Date

    Active

    CRMLS: 20661708

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Now Available January 1st!! Fully renovated 2 bed/ 2 bath gorgeous craftsman in Hollywood's historic district, located on a quiet street just steps from a quaint dog park. This incredible location offers walking distance to notable Hollywood attractions and excellent dining. The home features tons of natural light with vaulted 18 ft. ceilings, a spiral staircase, a loft office, a chef's kitchen, a charming backyard for entertaining and plenty of space for a garden. Interviewing potential tenants immediately. Call for pets. Rent includes water, trash, sewer, and gardener.

  • July, 2020

  • Jul 25, 2020

    Date

    Expired

    CRMLS: 20547050

    $1,597,000

    Price

  • Mar 20, 2020

    Date

    Withdrawn

    CRMLS: 20547050

    $1,597,000

    Price

  • Jan 25, 2020

    Date

    Active

    CRMLS: 20547050

    $1,597,000

    Price

  • Listing provided courtesy of CRMLS

    **LISTING IS ON HOLD & STILL UNDER A LISTING CONTRACT // DO NOT CONTACT SELLER** Delighted to offer a rare piece of LA real estate. This side-by-side duplex in Hollywood's historic quarter is centrally located, on a quiet street yet in amongstthe action. Close to Ameoba, Arclight, Chinese Theater & Hollywood/Highland. The main house is a 1917 craftsman offering 2 beds, 2 baths. You enter to polished concretefloors, 18ft ceilings & a show-stopping spiral staircase which leads to your master suite. Upstairs you have a loft area perfect for an office, a spaciousbedroom with walk-in closet, private balcony and a remodeled bathroom.The yard is the perfect spillover for your many visitors & dining alfresco. The recently remodeled smaller unit is a 2+1 Spanish bungalow & has a private outdoordecking area. This is the perfect space to rent out as you live in the main house. Both units each have their own driveway. Units to be delivered VACANT

  • February, 2016

  • Feb 23, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,170,000

    Price

  • March, 2003

  • Mar 12, 2003

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

Show More

Tax History for 1322 N Cherokee Ave

Assessed Value (2020): $1,266,442
Year Land Value Improved Value Assessed Value
2020 $949,291 $317,151 $1,266,442

Home Value Compared to the Market

This property vs the competition

1322 N Cherokee Ave sold on March 24, 2022 for 33.19% 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 $811.99 per/sqft which puts the price per square foot 7.55% higher than the current median sale per square foot for the city of Los Angeles.

About 1322 N Cherokee Ave

Detailed summary of property

1322 N Cherokee Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 1,952 living square feet, and sits on an approximately 5,262 square foot lot. 1322 N Cherokee Ave was first listed on ArdentRealEstateGroup.com on January 24, 2022. The homeowner sold the property for $1,600,000. 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 33.19% higher than the current median priced home. Local homes that are currently for sale include 1120 N Van Ness Ave, 812 N Van Ness Ave and 716 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 96 days, 1322 N Cherokee Ave has a days on market of 26 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1322 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 1322 N Cherokee Ave

Public county record property details
Beds
6
Baths
2
Year built
1917
Sq. Ft.
1,952
Lot Size
5,244
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5547-030-021

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.
$695
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
32
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 1322 N Cherokee Ave

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.