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    1953 Cheremoya Ave

    Los Angeles, CA 90068
    • $6,295,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 21-726080
    New On Site 4 Days Ago
    UPDATED: 36 min ago
    $6,295,000
    • 32
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,482
      SQFT
    • $382
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    The subject property is a very attractive pride of ownership complex located in the prime Hollywood Hills/Franklin Village area of Los Angeles. The property consists of twin 8 unit buildings with two address's: 1953 &1959 Cheremoya Ave. It has an excellent unit mix of mostly 2 bedroom units. Each unit is very large and spacious, and have hardwood floors. The property has all new Milgard windows, the exterior was recently painted, and copper plumbing throughout. Some units have been upgraded with granite counter tops in the kitchens and baths. Two units were completely remodeled. SESMIC RETROFIT RECENTLY COMPLETED. Excellent upside in rents. Ideal exchange property. Bring offers.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-06T17:42:42.757. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/116676600
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    1953 Cheremoya Ave Los Angeles, CA 90068

    • Price: $6,295,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 21-726080
    32
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    16,482
    SQFT
    $382
    $/SQFT
    1956
    Built
    Neighborhood:
    Hollywood Hills East
    County:
    Los Angeles
    Area:
    Hollywood Hills East
    Property Description
    The subject property is a very attractive pride of ownership complex located in the prime Hollywood Hills/Franklin Village area of Los Angeles. The property consists of twin 8 unit buildings with two address's: 1953 &1959 Cheremoya Ave. It has an excellent unit mix of mostly 2 bedroom units. Each unit is very large and spacious, and have hardwood floors. The property has all new Milgard windows, the exterior was recently painted, and copper plumbing throughout. Some units have been upgraded with granite counter tops in the kitchens and baths. Two units were completely remodeled. SESMIC RETROFIT RECENTLY COMPLETED. Excellent upside in rents. Ideal exchange property. Bring offers.
    Exterior Features

    Cross Streets Franklin Direction Faces East Exterior Construction Hard Coat Lot Size Area 15070 Other Structures None Parking Garage Carport Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Mid-Century Tennis Court None Tennis YN No Total Parking 19 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 16.00 Common Walls Attached Cooling Wall/Window Equipment Garbage DisposalCableRange/Oven Flooring Hardwood Foundation Details Raised Heating Wall Laundry Community Laundry Equipment Own Water Heater Features Central Water Heater Windows Awning

    Property Features

    Alley YN No Assessed Total Value 1357415 Gross Income 369876 Gross Operating Income 362478 Like Units1 4 Like Units2 8 Like Units3 2 Like Units4 2 Net Operating Income 213570.00 Number Of Buildings 2 Number Of Units 16 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays ElectricityGas Total Annual Expense 148908 Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Karl Duistermars DRE#00584074 of Karl Duistermars.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-06T17:42:42.757. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583