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813 North Cherokee Avenue

813 North Cherokee Avenue, Los Angeles, CA 90038
Property in Greater Wilshire
Sold Feb 13, 2024
$2,600,000
Sold Sep 10, 2021
$1,685,000
$1,987,800 by Goldman Sachs Bank Usa
Mortgage
Local assessors in Los Angeles, CA have categorized 813 North Cherokee Avenue as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 6,255 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 813 North Cherokee Avenue has a total of 4,087 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on a refrigeration air conditioning system for their cooling system. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 813 North Cherokee Avenue sold most recently in Feb 5, 2024 for a total of $2,600,000. If you work out the math, that's approximately a cost of $636.16 per sqft. Before that, the property was also sold for $1,685,000 in Aug 18, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,985 in taxes each year. 813 North Cherokee Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,718,700. If we break it down further, the land itself was valued at $1,374,960. Improvements to the property, however, were assessed at a total of $343,740. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,255
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,087
  • Building Area: 4,087
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 4,087
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4427
  • Land Acres: 0.144
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 4427 LOT/SEC 102

Ownership

  • Current Owner : RIBOCH HOLDINGS INTERNATIONAL LLC
  • Previous Owner : BTR LA21G LLC
  • Owner Before Previous Owner: RAPPAPORT MELISSA LEE
  • Owner Before Previous Owner 2: GLAZER MICHAEL JONATHAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191902

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 4427
  • Parcel: 5524-006-010
  • Lot: 102
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0857
  • Longitude: -118.336

    Address

  • Full Address: 813 N Cherokee Ave
  • Address - House Number: 813
  • Street Direction: N
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 3507
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,985
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 2,159,315
  • High Value: 2,607,969
  • Low Value: 1,710,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,718,700
  • Assessed Land Value: $1,374,960
  • Assessed Improvements Value: $343,740

    Sales

  • Current Sale Contract Date: Feb 05, 2024
  • Current Sale Recording Date: Feb 13, 2024
  • Current Sale Transaction ID: 11920665674
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94997
  • Previous Sale Recording Date: Sep 10, 2021
  • Previous Sale Contract Date: Aug 18, 2021
  • Previous Sale Amount: $1,685,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Sep 10, 2021
  • Previous Mortgage Loan Amount: $1,987,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Central LA



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Frequently Asked Questions

What neighborhood is 813 North Cherokee Avenue located in?
The 813 North Cherokee Avenue is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 813 North Cherokee Avenue?
The average sales price for units in 813 North Cherokee Avenue is $0 currently.

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