805 N Mccadden Place

Los Angeles, CA 90038

$2,429,000

List Price

5

bed Beds

7

shower Baths

3,874 sqft

straighten / sqft

1941

calendar_month Built

Property Description

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.

Listing Information

List Price $2,429,000
Status Active
MLS 24430625
Type Residential Income
Year Built 1941
Lot Size 7,251
Structure Size 3,874
DOM 28
Courtesy Of Rodeo Realty
Listing Agent Peter Maurice DRE#01129738
Co-Listing Agent Tregg Rustad DRE#01349144

Interior Features

Kitchen Information
Features Kitchen/Family Room Combo, Stone Counters
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 7
Flooring Information
Material Carpet, Wood
Fireplace Information
Features Living Room
Additional Information
Additional Features Crown Molding, Open Floorplan, Recessed Lighting
Cooling Type
Cooling Type Central Air, Wall/Window Unit(s)

Exterior Information

Other Structures
Features Open, Patio

Maps

Listing information courtesy of: Peter Maurice, Tregg Rustad, Rodeo Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 5:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.