Search
1953 Cheremoya Ave, Los Angeles, CA 90068
View Photos

1953 Cheremoya Ave Los Angeles, CA 90068

$5,625,000 Sold Price as of 07/23/2021
  • 30 Beds
  • 20 Baths
  • 16,482 Sq.Ft.
Sold
$5,625,000 Sold Price as of 07/23/2021 Refinance Your Mortgage
Map preview of 1953 Cheremoya Ave, Los Angeles, CA 90068

Property Overview: 1953 Cheremoya Ave Los Angeles, CA has 30 bedrooms, 20 bathrooms, 16,482 living square feet and 15,070 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject property is a very attractive pride of ownership complex located in the prime Hollywood Hills/Franklin Village area of Los Angeles. The property consists of twin 8 unit buildings with two address's: 1953 &1959 Cheremoya Ave. It has an excellent unit mix of mostly 2 bedroom units. Each unit is very large and spacious, and have hardwood floors. The property has all new double pane Milgard windows, the exterior was recently painted, and copper plumbing throughout. Some units have been upgraded with granite counter tops in the kitchens and baths. Two units were completely remodeled. SESMIC RETROFIT RECENTLY COMPLETED. Excellent upside in rents. Ideal exchange property. Bring Offers

Listed by Karl Duistermars | BRE #00584074 | Karl Duistermars
Last checked: 2 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
15,070
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21726080
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,888
  • Total Rent: $24,273
  • Pro Forma/Market Rent: $24,273
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,172
  • Total Rent: $4,344
  • Pro Forma/Market Rent: $5,700
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,827
  • Total Rent: $3,654
  • Pro Forma/Market Rent: $3,790
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,914
  • Total Rent: $3,828
  • Pro Forma/Market Rent: $5,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.1
  • Gross Scheduled Income: --
  • Net Operating Income: $213,570
  • Gross Operating Income: $362,478
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1953 Cheremoya Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 19
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 16
  • Parcel Number: 5586013013
  • Architectural Style: Mid Century Modern
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Franklin and one block east of Beachwood.
View more facts & features

Local Los Angeles Agent

Sale History for 1953 Cheremoya Ave

Last sold for $5,625,000 on July 23rd, 2021

  • July, 2021

  • Jul 23, 2021

    Date

    Sold

    CRMLS: 21726080

    $5,625,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: 21726080

    $5,980,000

    Price

  • Jun 5, 2021

    Date

    Active Under Contract

    CRMLS: 21726080

    $5,980,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 21726080

    $5,980,000

    Price

  • May 28, 2021

    Date

    Active Under Contract

    CRMLS: 21726080

    $5,980,000

    Price

  • May 20, 2021

    Date

    Price Change

    CRMLS: 21726080

    $5,980,000

    Price

  • May 1, 2021

    Date

    Active

    CRMLS: 21726080

    $6,295,000

    Price

  • April, 2003

  • Apr 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $2,022,727

    Price

Show More

Tax History for 1953 Cheremoya Ave

Assessed Value (2020): $1,357,980
Year Land Value Improved Value Assessed Value
2020 $761,478 $596,502 $1,357,980

Home Value Compared to the Market

This property vs the competition

1953 Cheremoya Ave sold on July 23, 2021 for 433.93% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $362.82 per/sqft which puts the price per square foot 49.89% lower than the current median sale per square foot for the city of Los Angeles.

About 1953 Cheremoya Ave

Detailed summary of property

1953 Cheremoya Ave is a multi family that recently sold in Los Angeles, CA 90068. This multi family property offered 30 bedrooms, 20 bathrooms, roughly 16,482 living square feet, and sits on an approximately 15,070 square foot lot. 1953 Cheremoya Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $5,625,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 433.93% higher than the current median priced home. Local homes that are currently for sale include 3600 Country Club Dr, 676 S Rampart Blvd and 2709 W Pico Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1953 Cheremoya Ave has a days on market of 35 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1953 Cheremoya Ave Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1953 Cheremoya Ave

Public county record property details
Beds
16
Baths
8
Year built
1956
Sq. Ft.
8,241
Lot Size
7,468
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5586-013-013

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,250,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,720,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
191
Median Sale to List Price %
98.29%
Avg Days on Market
46
Loan Type
Conventional (20%), FHA (0%), VA (4%), Cash (4%), Other (16%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1953 Cheremoya Ave

Nearby Homes for Sale

5741 Virginia Ave, Los Angeles, CA 90038
$4,546,000
20 Beds
21 Baths
11599 Sq.Ft.
5741 Virginia Ave
Los Angeles, CA 90038
1908 Hillcrest Rd, Los Angeles, CA 90068
$5,000,000
12 Beds
11 Baths
6985 Sq.Ft.
1908 Hillcrest Rd
Los Angeles, CA 90068
7056 Lanewood Ave, Los Angeles, CA 90028
$4,595,000
10 Beds
22 Baths
11452 Sq.Ft.
7056 Lanewood Ave
Los Angeles, CA 90028
204 N Manhattan Pl, Los Angeles, CA 90004
$4,600,000
23 Beds
21 Baths
12628 Sq.Ft.
204 N Manhattan Pl
Los Angeles, CA 90004
1439 N Curson Ave, Los Angeles, CA 90046
$6,200,000
4 Beds
20 Baths
10732 Sq.Ft.
1439 N Curson Ave
Los Angeles, CA 90046
201 N Normandie Ave, Los Angeles, CA 90004
$6,100,000
18 Beds
18 Baths
8677 Sq.Ft.
201 N Normandie Ave
Los Angeles, CA 90004
201 N Normandie Ave, Los Angeles, CA 90004
$5,975,000
18 Beds
18 Baths
8677 Sq.Ft.
201 N Normandie Ave
Los Angeles, CA 90004
233 N Kenmore Ave, Los Angeles, CA 90004
$4,750,000
0 Beds
30 Baths
15408 Sq.Ft.
233 N Kenmore Ave
Los Angeles, CA 90004
7815 Melrose Ave, Los Angeles, CA 90046
$5,950,000
0 Beds
1 Baths
5506 Sq.Ft.
7815 Melrose Ave
Los Angeles, CA 90046
3421 Larissa Dr, Los Angeles, CA 90026
$4,550,000
20 Beds
10 Baths
14184 Sq.Ft.
3421 Larissa Dr
Los Angeles, CA 90026
520 S Kenmore Ave, Los Angeles, CA 90020
$5,900,000
15 Beds
24 Baths
18783 Sq.Ft.
520 S Kenmore Ave
Los Angeles, CA 90020
3686 Fredonia Dr, Los Angeles, CA 90068
$4,995,000
11 Beds
10 Baths
5853 Sq.Ft.
3686 Fredonia Dr
Los Angeles, CA 90068

Recently Sold Homes Near 1953 Cheremoya Ave

2021 N Beachwood Dr, Los Angeles, CA 90068
$3,700,000 Last Sold Price
14 Beds
14 Baths
9436 Sq.Ft.
2021 N Beachwood Dr
Los Angeles, CA 90068
2033 N Beachwood Dr, Los Angeles, CA 90068
$8,500,000 Last Sold Price
25 Beds
26 Baths
19712 Sq.Ft.
2033 N Beachwood Dr
Los Angeles, CA 90068
2111 N Beachwood Dr, Los Angeles, CA 90068
$2,400,000 Last Sold Price
8 Beds
6 Baths
5495 Sq.Ft.
2111 N Beachwood Dr
Los Angeles, CA 90068
2130 N Beachwood Dr, Los Angeles, CA 90068
$3,800,000 Last Sold Price
18 Beds
18 Baths
-- Sq.Ft.
2130 N Beachwood Dr
Los Angeles, CA 90068

Related Resources to 1953 Cheremoya Ave

New Listings in 90068
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote