813 Cherokee Avenue Los Angeles, CA 90038
Listing Courtesy of: CRMLS / Century 21 Masters / Karen Versace

  813 Cherokee Avenue Los Angeles, CA 90038

Rented (45 Days)
$6,500
4
BED
2
BATH
1,962
SQFT

Description

Presenting a 2023-built, modern duplex, nestled in the vibrant heart of Hollywood. This property is part of a portfolio of four newly constructed duplexes, all crafted by TJH. Each duplex boasts two townhome units, each with 4 bedrooms and 2.5 bathrooms. At present, one unit is available for occupancy while the other is already generating income, making this an ideal opportunity for an owner-user.



Offered at a cap rate of 5.14% and priced at $656 per square foot, this property presents a golden opportunity for the discerning investor to acquire a piece of prime Los Angeles real estate. The units are finished to the highest standards, with no detail overlooked during construction. Inside, you’ll find wide plank vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white shaker cabinets, and white quartz countertops.



The kitchen is equipped with brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher, and microwave. Each unit comes with a 2-car garage and an additional outdoor space, in-unit laundry facilities, and a private backyard. The property also includes fully paid-off solar panels, courtesy of the developer. Tenants are responsible for all utilities, ensuring low overhead costs for the investor.



The location is a renter’s dream, situated in a central area of LA close to major employment hubs. It’s just a short walk to Melrose, home to some of LA’s finest restaurants. This property is not just a home, but a lifestyle - a perfect leasing opportunity for those seeking sophistication and elegance.

MLS #:
TR24034985
Lot Size
6,255 SQFT
Type
Rental
Year Built
2021
School District
Los Angeles Unified
County
Los Angeles County

Listed By

Karen Versace, Century 21 Masters
Bought with
Karen Versace, Century 21 Masters
Source
CRMLS
Last checked Dec 23 2024 at 11:44 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Washer
  • All Bedrooms Up
Lot Information
  • Back Yard
Property Features
  • Fireplace: Electric
Heating and Cooling
  • Central Air
Utility Information
  • Utilities: Water Source: Private
  • Sewer: Unknown, Public Sewer
Stories
  • 2
Living Area
  • 1,962 sqft
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.