805 N Mccadden Place
Los Angeles, CA, 90038
$2,429,000
Beds
0 Baths
SqFt
0.17 Acres
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Step into a slice of classic Hollywood glamour with this stunning courtyard building, a great tenant’s magnet — just doors to Hancock Park and moments away to the vibrant hotspots of Larchmont, Melrose, and La Brea! This meticulously maintained 7-unit gem includes 5 generously sized one-bedroom apartments and 2 chic studio suites. Tenants experience open-concept living spaces, custom kitchens and baths, and elegant crown molding in five of the units and recent updates to the plumbing and electrical. Generating $163,404 a year, this property is not just an great investment – it’s a golden opportunity for your portfolio with strong upside in rents or for the end user seeking a private owner’s retreat with access to a serene garden oasis. The property also features a detached garage with space for up to six cars, offering the potential for a future ADU (buyer to verify), further boosting its value. Delivered fully occupied, this classic beauty is ready for its next steward.

Property Details

Price:
$2,429,000
MLS #:
24430625
Status:
Active
Baths:
0
Address:
805 N Mccadden Place
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
90038
Lot Size:
7,251 sqft / 0.17 acres (approx)
Year Built:
1941
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Interior

Appliances
Dishwasher, Refrigerator, Range, Microwave
Cooling
Central Air, Wall/ Window Unit(s)
Fireplace Features
Living Room
Flooring
Carpet, Wood
Heating
Central, Wall Furnace
Interior Features
Crown Molding, Recessed Lighting, Open Floorplan
Window Features
Custom Covering

Exterior

Foundation Details
Raised
Garage Spaces
6.00
Lot Features
Front Yard
Parking Features
Assigned, Garage
Parking Spots
6.00
Pool Features
None
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
2
View
None

Financial

Tenant Pays
Electricity, Cable T V, Gas

Map

Community

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805 N Mccadden Place
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