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827 N Mccadden Place

Los Angeles (City), CA 90038
  • $1,659,000
  • STATUS: Active
  • ON SITE: 327 Days
  • MLS #: 22211987
UPDATED: 39 min ago
$1,659,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,247
    SQFT
  • $511
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Howard Dee of Keller Williams Realty Los Feliz (323-300-1000) and Amanda Che of Keller Williams Realty Los Feliz(323-300-1000)


Description

40K price adjustment for a new price of $1,659,000! Large lot and convenient location with 3 of 4 units delivered vacant. This is a rare investment opportunity in one of the most sought-after locations in Los Angeles. There are four (4) units total: two (2) 2-bed, 2-bath units and two (2) 1-bed, 1-bath units. Three (3) units delivered vacant - Front 2+2 and both 1+1 units. 827 N McCadden Pl is situated on a large 7,250 sq ft lot with tons of potential for additional development or redevelopment. Zoning is RD1.5-1XL. Keeping the existing structures, an additional attached ADU is allowed. Located in Transit Oriented Communities (TOC) Incentive Program Tier 1. For redevelopment, 5 units can be built based on zoning guidelines. Additional units can be built with the TOC incentives. Information provided is believed to be accurate but should not be relied on without verification by Buyer. Located just minutes away from Hollywood and large numbers of restaurants and entertainment. Easy access to the 101 and 10 freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/134325981
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827 N Mccadden Place Los Angeles (City), CA 90038

  • Price: $1,659,000
  • Status: Active
  • On Site: 327 Days
  • Updated: 39 min ago
  • MLS #: 22211987
6
Beds
0
Baths
0
½ Baths
0.17
Acres
3,247
SQFT
$511
$/SQFT
1941
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
40K price adjustment for a new price of $1,659,000! Large lot and convenient location with 3 of 4 units delivered vacant. This is a rare investment opportunity in one of the most sought-after locations in Los Angeles. There are four (4) units total: two (2) 2-bed, 2-bath units and two (2) 1-bed, 1-bath units. Three (3) units delivered vacant - Front 2+2 and both 1+1 units. 827 N McCadden Pl is situated on a large 7,250 sq ft lot with tons of potential for additional development or redevelopment. Zoning is RD1.5-1XL. Keeping the existing structures, an additional attached ADU is allowed. Located in Transit Oriented Communities (TOC) Incentive Program Tier 1. For redevelopment, 5 units can be built based on zoning guidelines. Additional units can be built with the TOC incentives. Information provided is believed to be accurate but should not be relied on without verification by Buyer. Located just minutes away from Hollywood and large numbers of restaurants and entertainment. Easy access to the 101 and 10 freeways.
Exterior Features

Attached Garage YN Yes Parking Total 5

Interior Features

Appliances DishwasherDisposalMicrowaveRefrigerator Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 128490 Insurance Expense 2236 Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 600 Net Operating Income 107596 New Construction YN No New Taxes Expense 16918 Other Expense 300 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Howard Dee of Keller Williams Realty Los Feliz (323-300-1000) and Amanda Che of Keller Williams Realty Los Feliz(323-300-1000)