805 N Mccadden Place, Los Angeles, CA 90038

0 beds 0 baths 7,251 sq.ft.

Offerered at: $2,295,000.00

County: Los Angeles
Year Built: 1941
Association Fees: $0.00/mo.

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 $167,736 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.

ESSENTIAL INFO

  • Status: Active
  • Architecture: Traditional