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    827 N Mccadden Place

    Los Angeles (City), CA 90038
    • $1,999,900
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: WS21065795
    UPDATED: 85 min ago
    $1,999,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,247
      SQFT
    • $616
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity in prime Hollywood location within Hancock Park area. Quaint Spanish-style income property that has three separate buildings for four units features: first building 1 unit of 2+2, Second buildings 2 units: 1+1 each, Third building 2+2. With 7,250 square foot lot zoned LARD 1.5, the property backs up to an ally which may allow further building benefits. Investor delight, parking entrance through alley. Walking distance to shops and restaurants. Some of the finest dinning can be found down the street. Incredible location! Has one of the largest lot in the area. Front unit will be deliver vacant provides many options. Buyer can lives in front unit or lease to new tenant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T17:38:37.55. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115757072
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    827 N Mccadden Place Los Angeles (City), CA 90038

    • Price: $1,999,900
    • Status: Active
    • Updated: 85 min ago
    • ID#: WS21065795
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,247
    SQFT
    $616
    $/SQFT
    1941
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Great Investment Opportunity in prime Hollywood location within Hancock Park area. Quaint Spanish-style income property that has three separate buildings for four units features: first building 1 unit of 2+2, Second buildings 2 units: 1+1 each, Third building 2+2. With 7,250 square foot lot zoned LARD 1.5, the property backs up to an ally which may allow further building benefits. Investor delight, parking entrance through alley. Walking distance to shops and restaurants. Some of the finest dinning can be found down the street. Incredible location! Has one of the largest lot in the area. Front unit will be deliver vacant provides many options. Buyer can lives in front unit or lease to new tenant.
    Exterior Features

    Lot Features Front Yard Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

    Interior Features

    Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features Sidewalks Fuel Expense 0 Garage YN Yes Gross Income 105691 Gross Scheduled Income 105691 Insurance Expense 1930 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 2043 Net Operating Income 79403 New Construction YN No New Taxes Expense 25000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 23117 Possession Close Plus 3 Days Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 187 Tenant Pays ElectricityGas Total Actual Rent 105691 Trash Expense 0 Water Sewer Expense 1679 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Lindy Fong of Transpac Investment Co.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T17:38:37.55. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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