805 North McCadden Place
$2,429,000
5
7
3,874
3,874
$627
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....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.
- Listed by Peter Maurice • DRE #01129738 • Brokerage DRE #00858724 • Rodeo Realty
- Listed by Tregg Rustad • DRE #01349144 • Brokerage DRE #00858724 • Rodeo Realty
Property Details for 805 North McCadden Place
Water Front
None
ZoningLARD1.5
StyleTraditional
Cross StreetsHighland Ave and Melrose Ave
Parcel Number5524004011
Total Units7.0
Living Area3874
Source Living AreaAssessor
LISTING UPDATED: 11/12/2024 12:01 PM
Property Details for 805 North McCadden Place
Status | Active |
---|---|
MLS # | 24-430625 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1941 |
Lot Size | 0.17 AC / 7,251 SF |
County | Los Angeles County |
Building Information for 805 North McCadden Place
Stories2Residences-Year Built1941Building Size-Lot Size0.17 AC / 7,251 SF
Property Information for 805 North McCadden Place
Property History for 805 North McCadden Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 805 North McCadden Place
Taxable ValueLand$1,388,369Additions$603,637Total$1,992,006
Tax Record2024$24,912 ($2,076 / month)
Home Facts
Total Finished SqFt3,874 SqFtAbove Grade Finished SqFt3,874 SqFtLot Size7,249 SqFtStyleMulti-Family Res (5+ Units)Year Built1941ZoningLARD1.5CountyLOS ANGELESAPN5524-004-011
Schools near 805 North McCadden Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Vine Street Elementary School PublicK to 6 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Melrose Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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