Listing provided courtesy of Peter Maurice of Rodeo Realty. Last updated 2024-09-16 08:11:37.000000. Listing information © 2024 CLAW.
Asking Price: $2,429,000
805 Mccadden, Los Angeles CA 90038
Community: C20 - Hollywood
This property was built in 1941 and is priced at $2,429,000. Please see the additional details below.
Step into a slice of classic Hollywood glamour with this stunning courtyard building, moments away from 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.