842 N MCCADDEN PLACE, LOS ANGELES CA 90038
- 2,091 sq.ft.
- 7,252 sq.ft. lot
Property Description
FIRST TIME ON THE MARKET IN OVER 50 YEARS!!!! Amazing opportunity for first-time buyers, investors and/or developers! This exceptional investment and development parcel is nestled in Hollywood near Hancock Park. The lot has a duplex and is zoned R-1.5 permitting the construction of up to 4 units (buyer to verify). New developments create demand for economic growth. A rare opportunity to own a 1920s Spanish-style duplex with the possibility of adding an ADU (buyer to verify). Ideal for owner-users or investors seeking a timeless asset in a highly desirable neighborhood. This exceptional investment and development parcel is nestled in the vibrant core of Hollywood. New developments allow for demand and ongoing economic growth. Located near Paramount Studios, Netflix, Sunset Gower Studios, and NBC Studios. The "Echelon Studios" complex is set to be completed in 2026. Buyers are encouraged to independently confirm the accuracy of all information through personal inspections and consultations with qualified professionals. CASH-only buyers, you can rehab the 2 existing units, possibly add an ADU, or build up to 4 units.
Listing Courtesy of S. Clara Blunk, Anvil Real Estate
Interior Features
Exterior Features
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Based on information from California Regional Multiple Listing Service, Inc. as of April 30, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
