732 N Cherokee Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 5 bed, 4 bath

732 N Cherokee Avenue, Los Angeles, California 90038 home-pic-0
ACTIVE$2,499,999$2,299/sqft
Est. Value: $2,610,098
4%
BelowEstimate
732 N Cherokee Avenue, Los Angeles, California 90038
5Beds
4Baths
2,299Sqft
6,354Lot

Price Vs. Estimate

The estimated value ($2,610,098.405) is $110,099.405 (4%) higher than the list price ($2,499,999). This property may be underpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: A recently completed and detached Accessory Dwelling Unit (ADU) provides significant flexibility for rental income, guest accommodation, or dedicated workspace.
Top Cons:
Age of Original Construction: Built in 1924, despite extensive updates, the underlying age of the property might present potential long-term maintenance considerations or concerns about original infrastructure not explicitly mentioned as upgraded.

Compared to the nearby listings

Price:$2.50M vs avg $1.18M (+$1,324,999)86%
Size:2,299 sqft vs avg 1,864 sqft79%
Price/sqft:$1.1K vs avg $62493%

More Insights

Built in 1924 (102 years old).
Condition: Despite being built in 1924, this property has undergone an extensive, high-end renovation within the last few years. The kitchen features premium stainless steel appliances, modern white cabinetry, and quartz countertops. All bathrooms are spa-like with contemporary fixtures, new vanities, and stylish tiling. New hardwood floors are present throughout, and recent upgrades include paid-off solar, battery backup, a natural gas generator, and a newly completed ADU, indicating virtually new components and systems meeting current quality standards.
Year Built
1924
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,087
HOA
-
Days on market
-
Sold On
-
MLS number
25630871
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Stunning updated 5BD/4BA home with pool, ADU & privacy. Behind a gated, fully fenced driveway, this light-filled residence offers an open floor plan with high ceilings, designer finishes, and a chef's kitchen with oversized island and premium appliances. The Primary suite features a spa-like bath and two walk-in closets, while additional bedrooms provide flexibility for family, guests or home offices. A recently completed and detached ADU provides flexible space for income potential, guests, work, or family. The backyard is an entertainer's dream with a sparkling pool, Baja shelf, cabana, bbq, TV area, yard space, and outdoor shower. Recent upgrades include paid-off solar, battery backup, and natural gas generator. Centrally located near top dining, shopping, and studios.

A
Alexander Masket
Listing Agent

Price History

Date
Event
Price
08/13/20
Sold
$2,075,000
11/20/19
Sold
$1,300,000
Condition Rating
Excellent

Despite being built in 1924, this property has undergone an extensive, high-end renovation within the last few years. The kitchen features premium stainless steel appliances, modern white cabinetry, and quartz countertops. All bathrooms are spa-like with contemporary fixtures, new vanities, and stylish tiling. New hardwood floors are present throughout, and recent upgrades include paid-off solar, battery backup, a natural gas generator, and a newly completed ADU, indicating virtually new components and systems meeting current quality standards.
Pros & Cons

Pros

Income-Generating ADU: A recently completed and detached Accessory Dwelling Unit (ADU) provides significant flexibility for rental income, guest accommodation, or dedicated workspace.
Extensive Modern Upgrades & Energy Efficiency: The home boasts high-end updates including a chef's kitchen with premium appliances, designer finishes, high ceilings, paid-off solar, battery backup, and a natural gas generator, ensuring modern comfort and reduced utility costs.
Luxurious Outdoor Entertainment Space: The backyard is an entertainer's dream, featuring a sparkling pool with a Baja shelf, a cabana, BBQ area, TV area, ample yard space, and an outdoor shower.
Prime Central Location: Centrally located in Los Angeles (Hollywood), the property offers convenient access to top dining, shopping, and major studios, enhancing lifestyle and potential appreciation.
Enhanced Privacy and Security: The property is secured behind a gated and fully fenced driveway, providing a private and safe living environment.

Cons

Age of Original Construction: Built in 1924, despite extensive updates, the underlying age of the property might present potential long-term maintenance considerations or concerns about original infrastructure not explicitly mentioned as upgraded.
Lack of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing panoramic or desirable vistas in a high-value Los Angeles market.
Potential for Urban Noise: While its central location near dining, shopping, and studios is a strength, it could also expose residents to higher levels of urban noise and traffic, potentially impacting tranquility despite the gated driveway.
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