Multifamily listing
1811 n cherokee
sold in
Hollywood
22 Units in Hollywood Sold @ 91% of Listed Price
Sold At
$
3,400,000
32
Number of Units
1948
Year Built
16,025
SF
Square Footage
22,298
SF
Lot Size
N/A
Zoning
1811 N Cherokee Ave, Los Angeles, CA 90028
About the Property
Great Hollywood location, between Hollywood Blvd & Franklin
Courtyard property with swimming pool & gated secure entry
20 open parking spaces (additional parking available for $100/mo at parking garage at corner of Cherokee & Yucca)
More than half the units have been nicely rehabbed
HALF ACRE LOT, ZONED R4. Near Hollywood & Highland development projects
26% Upside in rents
Separately metered for electricity, master metered for gas
Probate Sale - Requires Court Confirmation
1811 N Cherokee Ave.
Hollywood / East Hollywood / Los Feliz
Listed Price
$
Number of Units
32 Units
Price per. Unit
$106,250
Bldg. Size
16,025 SF
Price per Foot
$212
Lot Size
22,298 SF
Year Built
1948
Current CAP
6.64%
Market CAP
9.40%
Zoning
N/A
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$106,250
Price p/ Sq. ft.
$212
Proforma Cap Rate
9.40%
Contact
Sales agent
Related
Closed Listings
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