28
See all 28 photos
$1,795,000
Est. payment /mo
4 Beds
3 Baths
1,952 SqFt
New
1322 N Cherokee AVE Los Angeles, CA 90028
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $919
MLS Listing ID 26852357
Bedrooms 4
HOA Y/N No
Year Built 1917
Lot Size 5,262 Sqft
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 C20 - Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Oven, Range, Refrigerator, Dryer, Washer
Laundry Inside, In Kitchen
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 1
Entry Level One
Architectural Style Craftsman
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5547030021
Special Listing Condition Standard
Listed by Brandon Kaufman Equity Union #01990429
NEARBY SCHOOL & BUSINESS
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