Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

732 N Cherokee Avenue

Los Angeles, CA, 90038

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$2,499,999

MLS: 25630871

Beds

5

Baths

4

Sq Ft

2,299

Lot

0.15 ac

Year Built

1924

MLS #

25630871

Days on Market

92

Listed

Jan 14, 2026

Description

Stunning updated 5BD/4BA home with pool, ADU & privacy. Behind a gated, fully fenced driveway, this light-filled residence offers an open floor plan with high ceilings, designer finishes, and a chef's kitchen with oversized island and premium appliances. The Primary suite features a spa-like bath and two walk-in closets, while additional bedrooms provide flexibility for family, guests or home offices. A recently completed and detached ADU provides flexible space for income potential, guests, work, or family. The backyard is an entertainer's dream with a sparkling pool, Baja shelf, cabana, bbq, TV area, yard space, and outdoor shower. Recent upgrades include paid-off solar, battery backup, and natural gas generator. Centrally located near top dining, shopping, and studios.

Location

Los Angeles, Los Angeles County, CA 90038

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Listed by: Alexander Masket · Compass

Payment estimate

$17,666

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $250,000 · Loan: $2,249,999

%
Principal & Interest
$13,824
Property tax (1.25%)
$2,604
Homeowners insurance
$300
Mortgage insurance
$937
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $87,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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