$2,075,000

805 N Mccadden Place, Los Angeles, CA 90038

  • 2 beds |
  • 7 baths |
  • 3,874 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon7,253sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $536/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Date Added:
May 15, 2026
Data Last Updated:
May 20, 2026 at 7:16AM
Listing Office:
Keller Williams Realty Los Feliz : 323-300-1000
Listing Agent:
Stacey Boucher : 323-217-6911
MLS ID:
26834997
  • Appliances: MicrowaveRefrigeratorDryerWasher
  • Heating: Central
  • Parking: Door-MultiGarageParking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.55524004011
  • Source: CRMLS_CL

This listing courtesy of Stacey Boucher , Keller Williams Realty Los Feliz

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing

2694 James M Wood Boulevard, Los Angeles, CA 90006
Multi-Family Home For Sale

$1,795,000

  • 3 bed |
  • 8 bath |
  • 3,399 sqft |
2694 James M Wood Boulevard Los Angeles, CA 90006

#26782991 - Global Platinum Properties, Inc.