805 N Mccadden Place, Los Angeles, CA 90038
805 N Mccadden Place, Los Angeles, CA 90038
805 N Mccadden Place, Los Angeles, CA 90038
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$1,975,000
Est. payment /mo
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3,874 SqFt
Pending

805 N Mccadden Place Los Angeles, CA 90038

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Grant Inaba

Grant Inaba

+1(415) 992-2330

UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 3,874 sqft

Price per Sqft $509

MLS Listing ID CL26834645

HOA Y/N No

Year Built 1941

Lot Size 7,251 Sqft

Acres 0.1665

Property Sub-Type Comm Ind For Sale

Property Description

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.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

New Construction No

Others

Tax ID 5524004011

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brock J Worthen • Keller Williams Realty Los Feliz

NEARBY SCHOOL & BUSINESS

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Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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805 N Mccadden Place

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