Listed By:
Alison Brotherton with Forward Inglewood, Inc.;
847 N Cherokee Avenue, Los Angeles, CA
$ 1,450,000
Property Attributes
  • MLS#23262323
  • TypeMulti-Family
  • CityLos Angeles
  • AreaHollywood
  • Zip90038
  • Style
  • Price$ 1,450,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1412
  • Lot Size6,286 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

First time on the market in 40 years. Rare investment opportunity in prime South Hollywood neighborhood, adjacent to Hancock Park. Zoned RD1.5-1XL. Develop together with neighboring property for sale (843 N Cherokee) for a combined almost 12,600 lot. Several new construction projects in the area. Tenant occupied. Do not disturb.

Price History
7/7/2023 Listed $1,550,000
10/13/2023 7% - $1,450,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Buyer Financing Cash
Carport Y/N No
City Los Angeles
Cooling None
County Los Angeles
Days on Market 118
Directions N of Melrose, E of Highland
Disclosures TrustConservatorship
Garage Y/N No
Gross Income 33048.0
Heating ForcedAir
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels One
Lot Size Square Feet 6284.0
MLS Area C20 - Hollywood
Mobilehomeremainsyn No
Net Operating Income 33048.0
New Construction No
Occupancy Description Tenant
Pool Features None
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N No
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 1
Street Name Cherokee
Total Units 2
View Y/N No
Waterfront Y/N No
Year Built 1924
Zoning LARD1.5

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Avenue
Total Baths 2
Total Bedrooms 2
Total Stories 1

Exterior Features

Living Area 1412.0
Building Area Total 1412.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.1443
Lot Size Area 6284.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Number of Buildings 1
Open Parking Y/N No
Parking Features Driveway
Spa No
Total Parking 2.0


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90038

AVG $2.58M
AVG 91
Data Provided by Inside Real Estate®
Year Built
AVG 1941
AVG 90
Data Provided by Walkscore® not using MLS data