1322 N Cherokee Ave, Los Angeles, CA 90028
1322 N Cherokee Ave, Los Angeles, CA 90028
1322 N Cherokee Ave, Los Angeles, CA 90028
28
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$1,795,000
Est. payment /mo
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4 Beds
3 Baths
1,952 SqFt
New

1322 N Cherokee Ave Los Angeles, CA 90028

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $919

MLS Listing ID 26852357

Style Craftsman

Bedrooms 4

Year Built 1917

Lot Size 5,264 Sqft

Acres 0.1208

Property Sub-Type Multi-Family

Property Description

Rare owner-user opportunity in the heart of Hollywood featuring two fully independent, remodeled residences on one lot. Ideal for buyers seeking a primary home with built-in rental income, multigenerational living, or a separate work-from-home space, this legal side-by-side duplex offers the flexibility and privacy rarely found in the current marketplace. The vacant main residence at 1322 N Cherokee Ave is a distinctive 2-bedroom, 2-bath Craftsman highlighted by soaring ceilings, polished concrete floors, a dramatic spiral staircase, private balcony, walk-in closet, and a beautifully secluded backyard with a private patio & seating area. Recent improvements include new carpeting, refrigerator/freezer, dishwasher, chandelier, and fencing. Adjacent, 1320 N Cherokee Ave is a well-appointed 2-bedroom, 1-bath residence currently generating $3,000 per month in rental income, providing immediate supplemental income while maintaining privacy between units. Recent upgrades to 1320 include a new roof, new patio, upgraded electrical panel, new dishwasher, new washer and dryer, and comprehensive A/C reconditioning. Unlike many duplex properties, each residence benefits from its own private driveway (to the left of each unit) and outdoor space, enhancing the feeling of two separate homes while preserving the income-producing advantages of duplex ownership. Situated on a quiet residential street moments from the Hollywood Walk of Fame, Hollywood & Highland, the Hollywood Bowl, world-class dining, entertainment, and transit, the property is further enhanced by desirable RD1.5 zoning, offering future potential for those looking to maximize long-term value. A unique opportunity to enjoy the benefits of homeownership while offsetting expenses with established rental income in one of Los Angeles' most vibrant and iconic neighborhoods.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Mixed

Equipment Range/Oven, Refrigerator, Washer, Dryer, Dishwasher

Laundry Inside, In Kitchen

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Story 1

Architectural Style Craftsman

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Equity Union

NEARBY SCHOOL & BUSINESS

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INA MEDINA

INA MEDINA

BROKER - SALESPERSON | RE.BS.0146850

+1(702) 927-0612

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1322 N Cherokee Ave