813 N Cherokee Avenue Los Angeles, CA 90038

2023 construction modern style duplex located in the heart of Hollywood! Part of a 4 building new construction duplex portfolio! Built by TJH, this duplex features two 4 bedroom / 2.5 bathroom townhome units. Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.14% cap rate and at $656/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry and a private backyard. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities keeping costs low for an investor! The location is renter's paradise and sits in a central area of LA close to major employment hubs. This area is walking distance to Melrose where some of the best restaurants in LA are located!