732 N Cherokee Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 5 bed, 4 bath
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Los Angeles, California 90038
This Modernized Hollywood Estate is a High-Potential Investment Opportunity, listed at $2,499,999—positioned well below the $2,610,098 Fair Market Value by 4%. This valuation gap provides $110,099 in Instant Equity. Boasting a Like-New Condition Rating, the property features a chef's kitchen, sparkling pool, and a detached ADU for significant rental income potential. With paid-off solar and a battery backup, it offers rare energy resilience in a central location. This versatile asset is the perfect fit for Owner-Occupants seeking a luxury lifestyle or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 N Cherokee Avenue Subject | $2,499,999* List Price | 5 | 4 | 2,299 | $1,087 | - |
A 742 N June Street Active | $2,595,000 List Price | 4 | 3 | 2,219 | $1,169 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1924, the property has undergone an extensive, high-end renovation within the last few years, bringing it to a like-new condition. The interior features a contemporary open floor plan with designer finishes, a chef's kitchen with premium appliances and a large island, and spa-like bathrooms. The addition of a recently completed detached ADU and advanced infrastructure—including solar panels, battery backup, and a natural gas generator—demonstrates a complete modernization of all major systems with no deferred maintenance.
The recently completed detached ADU provides exceptional versatility, offering a turnkey solution for rental income, multi-generational living, or a private professional home office.
The property is equipped with high-value sustainable upgrades, including paid-off solar panels, a battery backup system, and a natural gas generator, providing long-term cost savings and power resilience.
The backyard serves as a private oasis with a sparkling pool, Baja shelf, cabana, and outdoor kitchen, offering a level of luxury and privacy rarely found in such a central Hollywood location.
The combination of a 5-bedroom main house, a detached ADU, and a full pool/cabana setup on a 6,354 sqft lot results in high lot coverage and limited traditional green space.
With five bedrooms and four bathrooms configured within approximately 2,300 square feet, individual room sizes may feel constrained compared to other luxury residences at this price point.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 81% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,299 | 2,060 | 81% |
| Lot Size | 6,354 | 1,814 | 67% |
| Price | $2.50M | $1.21M | 86% |
| Price per sq ft | $1.1K | $610 | 95% |
| Built year | 1924 | 2014 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 188 | 24% |
Jan 14, 2026
$2,499,999
Initial Listing
Aug 13, 2020
$2,075,000
Public Record
Nov 20, 2019
$1,300,000
Public Record