1322 N Cherokee Avenue
Los Angeles, CA, 90028 $ 1,795,000
Bedrooms4 Baths1.0 Sq 1,952 Monthly Estimate*
$ 11,334
for $1,795,000 with 4 bedrooms and 1 full bath. This 1,952 square foot home was built in 1917 on a lot size of 0.1208.
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.
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FeaturesGeneralLiving Area 1952
Heating Central
Cooling Central Air
Appliances Dishwasher Oven Range Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Craftsman
Year Built 1917
Tenant Pays Electricity Gas Trash Collection
Stories Count 1
Levels One
Gross Income 102000
County Los Angeles
Net Operating Income 85940
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Fountain South of Sunset
City Los Angeles
Senior Community Y/N false
Number Of Units Total 2
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 5264
Property Attached Y/N false
Standard Status Active
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InteriorTotal Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside In Kitchen
Total Bedrooms 4
Total Baths 3
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ExteriorParking Features Driveway
Total Parking 4
Lot Size Area 5264
Number of Buildings 2
Building Area Total 1952
Lot Size Acres 0.1208
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* Excluded FeaturesList Bybrandon@thedinskyteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,334
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,900,579
Percent of Sale Price 6%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $1,795,000 | | Listed Price |