4676 Cherokee Ave, Normal Heights, CA 92116

$1,800,000
1
BD
Sold Price
$1,800,000
List Price
$1,995,000
Closing Date
Jul 19, 2018
Days on Market
107
Status
SOLD
MLS#
180011372
Bedrooms
1
Property Type
Multifamily

Property Description

The Cherokee Ave Apartments is an eight (8) unit multi-residential property located just South of Adams Ave in the highly sought after community of Normal Heights. The property is situated on a 7,000sqft lot with 5,292sqft of improved space and a pitched roof. The eight 1BR/1BA units are significantly larger than a typical 1BR unit with an average size of 660sqft, each unit has its own off street parking space with a total of 9 parking spots. The property is extremely well maintained with recent renovations including: new stucco and paint, retrofit windows and updated landscaping and exterior façade. Interior spaces are clean and well appointed but further investment should yield increased rents and an overall improved return on investment.

Additional Information

Construction
Drywall, Frame, Stucco
Cooling
None
Financing
Cash to New Loan
Roof
Composition
Stories
2 Story
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of South Coast Commercial, Inc.

Selling Office: Out of Area Office.

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.