Income Home for Sale in Los Angeles, California

805 N Mccadden Place, Los Angeles, California 90038, US

$ 2,429,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,429,000
  • MLS ID: 24430625
  • Property Type: Income Home
  • WEB ID: PR02966899
  • Property Status: Active
  • Lot Size: 7,251sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,429,000
  • MLS ID: 24430625
  • Property Type: Income Home
  • WEB ID: PR02966899
  • Property Status: Active
  • Lot Size: 7,251sqft
Step into a slice of classic Hollywood glamour with this stunning courtyard building, moments away from 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.

Additional Features

  • Central
  • Wall Furnace
  • Front Yard
  • Two
  • None
  • Parking spaces: 6.00
  • Listing Status: Active
  • Listing Agent: Peter Maurice (lic# 01129738) of Beverly Hills/Greater LA
  • Listing Office: Rodeo Realty (lic# 00951359)
  • CO-Listing Agent: Tregg Rustad (lic# 01349144) of Beverly Hills/Greater LA
  • CO-Listing Office: Rodeo Realty (lic# 00951359)
  • Based on information from CRISNet MLS as of 24th November 2024 at 10:57am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu