805 N Mccadden Place, Los Angeles, CA 90038
Local realty services provided by:ERA Donahoe Realty
805 N Mccadden Place,Los Angeles, CA 90038
$1,975,000
- 2 Beds
- 7 Baths
- 3,874 sq. ft.
- Multi-family
- Active
Listed by: stacey boucher, brock j worthen
Office: keller williams realty los feliz323-300-1000
MLS#:26834997
Source:CRMLS
Price summary
- Price:$1,975,000
- Price per sq. ft.:$509.81
About this home
Situated in the heart of Hollywood, 805-809 N. McCadden Place presents a rare opportunity to acquire a character-rich 7-unit multi-family asset with significant upside potential. Originally built in 1941, the property blends timeless architectural charm with meaningful system and interior upgrades, offering investors both stability and future value creation. The property consists of a well-balanced unit mix, with 5 of the 7 residences thoughtfully remodeled to feature upgraded wainscoting, hardwood flooring, and enhanced finishes throughout. Five units also include central air conditioning, while select residences offer in-unit laundry for added tenant convenience. The remaining two units provide an ideal opportunity for future renovation and rental growth.Operational eciencies are enhanced as tenants pay all utilities, helping minimize owner expenses. Additional capital improvements completed by previous owner-contractor include updates to five electrical panels, while the roof is approximately 15 years old per seller. Further distinguishing the asset are three separate 2-car garages, presenting a compelling value-add opportunity for potential ADU conversions(buyer to verify). The property's existing layout, garage infrastructure, and desirable Hollywood location position it well for an investor seeking long-term appreciation and additional income potential. Located moments from some of Los Angeles' most vibrant dining, entertainment, and employment hubs, 805-809 N. McCadden Place offers a unique combination of current cash flow, historic charm, and future development opportunity in one of the city's most dynamic rental markets....
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Home facts
- Year built:1941
- Listing ID #:26834997
- Added:137 day(s) ago
- Updated:September 30, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:7
- Kitchen Description:Microwave, Refrigerator
- Living area:3,874 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1941
- Building area:3,874 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$509.81
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Door-Multi, Garage
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