SOLDJAN 12, 2024
1770 El Cerrito Pl
Los Angeles, CA 90028
Hollywood
17 Beds
18 Baths
10,166 sqft (on 0.25 acres)
- 17 Beds
- 18 Baths
- 10,166 sqft (on 0.25 acres)
$4,675,000
Last Sold: Jan 12, 2024
3% below list $4.79M
$460/sqft
Est. Refi. Payment $29,176/mo*
$4,675,000
Last Sold: Jan 12, 2024
3% below list $4.79M
$460/sqft
Est. Refi. Payment $29,176/mo*
17 Beds
18 Baths
10,166 sqft
(on 0.25 acres)
Homes for Sale Near 1770 El Cerrito Pl
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0.35 ACRESKenny Stevens DRE # 01090251, Compass- Errol Spiro DRE # 00893163, Miller & Desatnik Realty Co.
- 0.39 ACRESKenny Stevens DRE # 01090251, Compass
- Michael Monempour DRE # 01996829, Lyon Stahl Investment Real Estate, Inc.
- Michael Monempour DRE # 01996829, Lyon Stahl Investment Real Estate, Inc.
- Yar Meshkaty DRE # 01060780, Coldwell Banker Realty
- NEW - 1 DAY AGO0.34 ACRESTony Azzi DRE # 00910513, Tony Azzi
- Taylor Avakian DRE # 02060040, TAYVAY Corporation
- Jacob Plewa DRE # 02041641, REMAX COMMERCIAL & INVESTMENT REALTY
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from January 12, 2024
Huge 1.2M Price Reduction! 16-unit building with 9 vacancies priced at only 299k/door for prime Hollywood in an opportunity zone. Cash flowing at an amazing 6% Cap Rate and 12 GRM on existing after renovations with an incredible upside to an 8.4% Cap Rate and 9.1 GRM on proforma. Plus, there are 4 attached ADUs under construction with RTI plans to improve the numbers to only 239k/unit, 7.3% Cap Rate, and 10.2 GRM on current. All 9 vacant units and 4 ADUs are under renovation so buyers can complete them to their own taste and finishes and get top market rents (Most of the rough construction and heavy lifting have been done for the remodels). Great amenities such as Pool, Laundry Room, and carport garages. Individually metered for Gas & Electricity. Situated in the Heart of Hollywood, steps away from RunyonCanyon, Magic Castle, Yamashiro, and Hollywood Bowl! The soft story has already been completed and the roof has been recently updated. Potential to create and add a rooftop to maximize rents and amenities.
Home Highlights
Parking
12 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$460/sqft
Listed
180+ days ago
Home Details for 1770 El Cerrito Pl
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 17Number of Bathrooms: 18 |
Dimensions and Layout Living Area: 10166 Square Feet |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Security Security: Gated |
Exterior Features |
|---|
Exterior Home Features Other Structures: NoneExterior: Balcony |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 12Parking: Covered |
Property Information |
|---|
Year Built Year Built: 1958 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional |
Building Is a New Construction |
Property Information Condition: Fixer, Under Construction, Repair Cosmetic |
Price & Status |
|---|
Price List Price: $4,795,000Price Per Sqft: $460/sqft |
Status Change & Dates Off Market Date: Wed Dec 06 2023 |
Active Status |
|---|
MLS Status: Sold |
Location |
|---|
Direction & Address City: Los Angeles |
Building |
|---|
Building Area Building Area: 10166 Square Feet |
Lot Information |
|---|
Lot Area: 0.25 acres |
Listing Info |
|---|
Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
|---|
Mls Number: 23-325357 |
Last check for updates: about 14 hours ago
Listed by Armin Soleimani DRE # 01846872, (310) 666-2246
Global Platinum Properties, Inc., (424) 394-1030
Julio Ruiz DRE # 01911261, (818) 524-0706
Global Platinum Properties, Inc., (424) 394-1030
Bought with: Alex Galuz DRE # 01291486, (310) 466-0888, Keller Williams Realty Calabasas, (818) 657-6500
Source: CLAW, MLS#23-325357
Price History for 1770 El Cerrito Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 01/12/2024 | $4,675,000 | Sold | CLAW #23-325357 |
| 01/03/2024 | $4,795,000 | Contingent | CLAW #23-325357 |
| 10/25/2023 | $4,795,000 | Listed For Sale | CLAW #23-325357 |
| 10/12/2023 | ListingRemoved | CLAW #23-291283 | |
| 09/18/2023 | $4,795,000 | PriceChange | CLAW #23-291283 |
| 07/17/2023 | $4,995,000 | Listed For Sale | CLAW #23-291283 |
| 05/23/2023 | ListingRemoved | CLAW #23-253081 | |
| 04/27/2023 | $4,795,000 | PriceChange | CLAW #23-253081 |
| 03/21/2023 | $4,995,000 | Listed For Sale | CLAW #23-253081 |
| 02/25/2023 | ListingRemoved | CLAW #23-235509 | |
| 02/14/2023 | $4,995,000 | PriceChange | CLAW #23-235509 |
| 02/02/2023 | $5,250,000 | PriceChange | CLAW #23-235509 |
| 01/24/2023 | $5,495,000 | Listed For Sale | CLAW #23-235509 |
| 01/23/2023 | ListingRemoved | CLAW #22-222207 | |
| 01/11/2023 | $5,495,000 | PriceChange | CLAW #22-222207 |
| 12/02/2022 | $5,995,000 | Listed For Sale | CLAW #22-222207 |
| 06/04/2021 | $3,600,000 | Sold | CRMLS #AR21037337 |
Comparable Sales for 1770 El Cerrito Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.50 | Multi-Family Home | $3,699,000 | 04/12/24 | 15 | 15 | 6,428 | |
0.09 | Multi-Family Home | $7,973,248 | 08/28/23 | 35 | 51 | 31,989 | |
0.51 | Multi-Family Home | $6,000,000 | 12/01/23 | 36 | 36 | 22,251 | |
0.78 | Multi-Family Home | $2,900,000 | 01/11/24 | 10 | 15 | 8,746 | |
0.89 | Multi-Family Home | $2,658,546 | 04/24/24 | 15 | 18 | 7,628 | |
0.90 | Multi-Family Home | $3,650,000 | 03/26/24 | 14 | 18 | 7,031 | |
0.98 | Multi-Family Home | $3,900,000 | 07/28/23 | 22 | 20 | 13,171 | |
1.19 | Multi-Family Home | $3,780,250 | 04/28/23 | 14 | 14 | 8,632 | |
0.80 | Multi-Family Home | $1,195,000 | 01/10/24 | 15 | 12 | 6,301 |
Assigned Schools
These are the assigned schools for 1770 El Cerrito Pl.
- Hubert Howe Bancroft Middle School
- 6-8
- Public
- 549 Students
4/10GreatSchools RatingParent Rating AverageThe experience with the staff has been very supportive and incredibly moving. Keep up the great commitment to our students!Parent Review6mo ago - Gardner Street Elementary School
- K-5
- Public
- 303 Students
4/10GreatSchools RatingParent Rating AveragePrincipal and staff are ignorant. My child learned nothingParent Review1y ago - Hollywood Senior High School
- 9-12
- Public
- 1341 Students
6/10GreatSchools RatingParent Rating AverageI regret sending my child here. The administration particularly is slowly eliminating anything positive like sports programs. Read the article in the LA Times about having all coaches reapplying for their positions, successful and not. A disgrace.Parent Review5y ago 
Check out schools near 1770 El Cerrito Pl.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Hollywood
- Sugar1975
- Resident
- 2mo ago
"Friendliest families that have lived on Lemon Grove and Hobart for over 15 years. Lemon Grove Park and Melrose Hills make for a nice late afternoon walk with our two toddlers. "
- R
- Resident
- 3mo ago
"It’s an evolving neighborhood that with gentrification its becoming safer but more expensive. So only the people that have a good source of income will be able to enjoy what will become of this area in the near future"
- Trulia User
- Resident
- 4mo ago
" People don’t clean up after their dogs poop. "
- Momo Yang
- Resident
- 4mo ago
"near police station but not safe that much since they are doing nothing. quite but many homeless people."
- Trulia User
- Resident
- 5mo ago
"There is plenty of place for the dogs to use the bathroom. Very well maintained areas. Beautiful walks"
- Trulia User
- Resident
- 5mo ago
"No one picks up after their dogs. Even with the signs posted everywhere, there is dog feces all over the place. "
- Trulia User
- Resident
- 6mo ago
"other people don't pick up after there dogs. even thought it is a residential area cars still speed."
- Trulia User
- Resident
- 7mo ago
"high traffic in this area and around hollywood bowl. not very pleasant but can be convenient at times."
- Trulia User
- Resident
- 7mo ago
"I don’t like that others don’t pick up their dogs poop. You need to watch out where your walking. But schools are close. There are parks that kids can play. I feel safe walking after dark.. also there are a lot of eating place and small grocery shops. Near bus stations. Accessible to everything."
- Trulia User
- Resident
- 1y ago
"8-35 minutes to DTLA. 30-70 minutes to the coast. Can’t complain about either! Hollywood is pretty central to everything LA has to offer. "
- Trulia User
- Visitor
- 1y ago
"There are many different music venues nearby that allow for community events. A lot of the local bars are fun places to hangout at!"
- Trulia User
- Resident
- 1y ago
"I can't think of any community events in the area. mostly tourist traps and retail stores. ......,.......... "
- Trulia User
- Resident
- 1y ago
"Larchmont has a feel of small town quaintness and a great sense of community while being centrally located to everything "
- Trulia User
- Resident
- 1y ago
"Very loud all the time. Very expensive. I feel on edge walking around. All in all a bad deal. "
- Trulia User
- Resident
- 1y ago
"Bought here over a year ago and for a new young homeowner, the area feels lively but still safe. Enjoy the area"
- Trulia User
- Prev. Resident
- 1y ago
"People and their culture. Different races represented from around the world. Different varieties of food too. "
- Trulia User
- Resident
- 1y ago
"Love my neighborhood very safe all neighbors are like family to each other I grew up at this neighborhood and now my kids grew up here as well most of my neighbors are living here ever since i can remember"
- Trulia User
- Resident
- 1y ago
"It’s a safe, clean and nice neighborhood to live. People are friendly here. A lot of place to park☺️ "
- Trulia User
- Resident
- 2y ago
"Hollywood is and always will be a dangerous place to live. It’s close to most things so it’s convenient but everything else is constantly sketchy "
- Trulia User
- Resident
- 2y ago
"Runyon is always available during daylight. Cute coffee shops and eateries abound. Watch the sunset on Mulholland daily. Check out a film/TV screening. So much more. "
- Trulia User
- Resident
- 2y ago
"nothing. it sucks crime is getting worse homeless out of control . garbage everywhere, no sense of community, traffic terrible "
- Trulia User
- Resident
- 2y ago
"It’s a very beautiful neighborhood perfect for walking your dog, however, if you your dog is older or has physical difficulties it would be hard on your dog because there are lots of steep inclined hills. "
- Trulia User
- Resident
- 2y ago
"I see dog owners walk their dogs every day, anytime. You’ll see a lot of people taking a stroll anytime of any day. You’ll see a lot of joggers too, they’ll be running any time except for (high afternoons when the sun is at its highest). There are tons of park to visit with your family. The only downside here is that there are homeless everywhere. That and the real estate is pretty expensive."
- Trulia User
- Resident
- 2y ago
"Dog friendly but always watch where you’re walking because some dog owners do not pick up after their pets "
- Trulia User
- Resident
- 2y ago
"Good public transportation , close to markets and retail stores and medical facilities. There is direct freeway access to downtown pluses busses and subway"
- Trulia User
- Resident
- 2y ago
"there are always events and attractions that very unique to hollywood. my doorstep is two blocks away from the Walk of Fame, as I am entering you this I am walking down Hollywood boulevard stepping over Stars as I walked past hard Rock Cafe and the Hollywood highland Mall and approaching Ripley's Believe it or not museum. it is impossible to spend an hour or two in Hollywood and not realize you are in Hollywood. "
- Trulia User
- Resident
- 2y ago
"It’s touristy, there are lots of temporary residents and transients in this area. Homeless exist, crime exists. It’s not terrible, and there are some nice parts. Very mixed bag"
- Trulia User
- Prev. Resident
- 2y ago
"none. too much crime now. Street vendors everywhere. Homeless everywhere. Dirty, overcrowded. No street parking. Not safe. "
- Trulia User
- Resident
- 2y ago
"Near freeways. All good. Take the metro train DT. Great public transportation. Good shopping and takeout nearby. Love my Gelsons"
- Trulia User
- Visitor
- 2y ago
"Safe neighborhood. Cleanliness. I feel safe walking my dog, going on jogs, even leaving my door unlocked! "
- Trulia User
- Resident
- 2y ago
"It’s clean, well maintained, nice and very close to everything. We have Runyon canyon and clues to West Hollywood, Beverly Hills and many theaters and museums."
- Trulia User
- Resident
- 2y ago
"Hollywood Studio District is great! We’ve lived here a few years and love it. Diversity of people, restaurants. Central location, easy to get anywhere in LA."
- Trulia User
- Resident
- 2y ago
"The surrounding area is difficult to navigate because of rampant vagrancy along the streets and sidewalks. "
- Trulia User
- Resident
- 2y ago
"Not very kids friendly but good location for going to different parks in the city, Pan pacific, Griffith"
- Trulia User
- Resident
- 3y ago
"mixed bag of good and bad, I wouldn't suggest this neighborhood for families but for a young couple or roommates it is alot of fun."
- Kyle M.
- Resident
- 3y ago
"Fast (potentially dangerous) neighborhood and surrounding traffic, loud noises at all hours, homeless presence is significant, crime is present but not overly terrible, and ironically street parking is surprisingly ok. Mostly, the Melrose, Highland and Santa Monica traffic and general noise are primary downsides."
- Patrick C.
- Resident
- 3y ago
"Would be a great neighborhood. It’s super walkable, great restaurants and bars, but constant sirens and police helicopters. Having said that it’s actually pretty safe just very loud and dirty. And there is a significant homeless issue."
- Whitlynnb
- Resident
- 3y ago
"There is significant crime and streets are not very safe for kids to play near. I live in Melrose Hill which is literally a charming residential utopia in the middle of madness so my take on Hollywood is a bit skewed"
- Unspecified
- Resident
- 3y ago
"To crowded and many people with cars makes it hard to find parking around your place areas never clean "
- Tatianka
- Resident
- 4y ago
"It’s pretty safe but many homeless people. I heard high school is not very good. Some areas like hollywood hills is very nice and safe"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1770 El Cerrito Pl
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Off Market Homes Near 1770 El Cerrito Pl
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- SOLDAPR 24, 2024Bruce Urena DRE # 01904995, Compass
- SOLDAPR 24, 2024Saadia 'Sam' Liberow DRE # 01933858, Marcus & Millichap
- SOLDAPR 23, 2024Michael Carter DRE # 01749135, Compass
- SOLDAPR 23, 2024Steven Moran DRE # 02052389, Douglas Elliman
- SOLDAPR 23, 2024Kristofer Everett-Einarsson DRE # 02115238, Carolwood Estates
- SOLDAPR 23, 2024Alessandra Ferracuti DRE # 02053258, Compass
- SOLDAPR 23, 2024
- SOLDAPR 22, 2024Rudy Serrato DRE # 01935967, Carolwood Estates
- SOLDAPR 22, 2024Timothy Perry DRE # 01329283, Berkshire Hathaway HomeServices California Properties
- SOLDAPR 22, 2024Diane Forbes Halliburton DRE # 01839884, Compass
- See more homes for sale inLos AngelesTake a look
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1770 El Cerrito Pl, Los Angeles, CA 90028 is a 17 bedroom, 18 bathroom, 10,166 sqft multi-family built in 1958. 1770 El Cerrito Pl is located in Hollywood, Los Angeles. This property is not currently available for sale. 1770 El Cerrito Pl was last sold on Jan 12, 2024 for $4,675,000 (3% lower than the asking price of $4,795,000). The current Trulia Estimate for 1770 El Cerrito Pl is $4,823,100.