Leave a Message

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties

Property Description

Welcome to your next investment opportunity in the heart of vibrant Hollywood! This fourplex, nestled in a prime location just off Highland and Santa Monica Blvd, offers not just a property, but a lifestyle investment. Spanning approximately 3,796 square feet, this well-appointed building comprises two generous 3-bedroom, 2-bathroom units, alongside two comfortable 2-bedroom, 1-bathroom units. With a 91 walk score, it's clear why this location is highly sought after. Currently, the property boasts stability with four tenants already in place, all on month-to-month leases. While rents are currently on the lower side, this presents a golden opportunity for savvy investors to maximize their returns with rental upside potential. Additionally, for those with a vision for development, this property sits on an RD1.5 Lot, hinting at the potential for future expansion or redevelopment. Situated one block north of Sant Monica Blvd, residents will revel in the convenience of being mere minutes away from a myriad of boutique retailers, charming cafes, iconic restaurants, and dynamic entertainment options lining La Brea Ave, Melrose Ave, and Santa Monica Blvd., major studios such as Sunset Las Palmas Studios and Paramount Studios underscores the allure of this locale for both tenants and investors alike. A strategic investment opportunity in one of Hollywood's most coveted neighborhoods. Don't miss out on the chance to own a piece of this thriving community!

Overview

Property Status
Sold
Lot Size
5,044 Sq.Ft.
MLS ID
24-398137
Property Type
Multi-Family
Year Built
1962

Features & Amenities

Architecture Styles
Traditional
Stories
2
Pool
None
Lot Features
2-4 Lots
Parking
Driveway, Assigned, Gated, Driveway Gate
Heat Type
Wall
Air Conditioning
Wall/Window
Laundry Room
Community, Room
Fireplace
None
Appliances
Range/Oven, Refrigerator, Hood Fan, Garbage Disposal
Sewer
In Street
Security Features
Gated, Window Bars
Sales Price
$1,268,000
Zoning
LARD1.5

Downloads

1231 N Cherokee Ave

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 1231 N Cherokee Ave, Los Angeles, CA 90038

back to page
1231 N Cherokee Ave
Navigate

Follow Us On Instagram