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$1,638,000   Price Analysis
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827 N McCadden Pl
Los Angeles, CA 90038
6 bed 6 bath 3,247 SqFt ($504/SqFt)
7,250SqFt lot. Built 1941
Listed 2023-12-04, Taxes $16,918
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

827 N.

* Sale Pending *

McCadden is a four-unit owner-user property by Larchmont Village that will be delivered 75% VACANT. Located two blocks north of Melrose Avenue, this ideal owner-user property is minutes from an array of boutique retailers, charming cafes, legendary restaurants and lively entertainment options along L Brea Ave, Melrose Ave and Santa Monica Blvd. In addition, the property is in close proximity to several large studios, including Sunset Las Palmas Studios and Paramount Studios. 827 N. McCadden features (1) 2-bdrm.

2-bath single-family home that is approx. 1, 204 SF, (1) 2-bdrm. unit that is approx. 873 SF and (2) 1-bdrm. units that are 585 SF. The front single-family home and 2 units will be delivered vacant upon COE. The front single-family home features a roomy living room with large arched windows allowing ample natural light, a dining room that leads to a front patio, granite countertops in the kitchen and wood and tile flooring. Property amenities include (2) 2-car garages that have the potential to be converted into one or more ADUs (buyer to verify). Locat ed two blocks north of Melrose and delivered mostly vacant, 827 N. McCadden offers investors a blank canvas with immediate upside in a prime location.


Presented by Kenny Stevens at
COMPASS.


Property MLS #23-336921 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 6
Full Bathrooms: 6

Cooling Features: Ceiling Fan, Wall/Window
Fireplace Features: Living Room
Heating Features: Wall

Flooring: Wood, Vinyl, Tile

Lot Description: Alley Paved
Lot Size Acres: 0.1664371
Lot Size Square Feet: 7250

Garage Spaces: 4
Garage Description: Garage - 2 Car, Driveway - Pavers
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 4500, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 2695, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 4400

Source Listing Status: Pending
County: Los Angeles
Cross Street: Willoughby Ave. and N. McCadden Pl.
Cap Rate: 5.66
Directions: Located one block north of Melrose Ave. and one block east of N. Highland Ave.
Source Property Type: Residential Income
Area: Hollywood
Source Neighborhood: Hollywood
Parcel Number: 5524-004-007
Postal Code Plus 4: 3420
Property Location: Alley Access
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$840,000 + $560,000
$1,400,000
$16,918
2021$204,522 + $1,136,257
$1,340,779
$16,330
2020$202,425 + $1,124,607
$1,327,032
$16,495
2019$198,456 + $1,102,556
$1,301,012
$15,847
2018$194,565 + $1,080,938
$1,275,503
$15,708
2017$190,750 + $1,059,744
$1,250,494
$15,371
2016$187,010 + $1,038,965
$1,225,975
$15,015
2015$184,201 + $1,023,359
$1,207,560
$14,798
2014$180,593 + $1,003,313
$1,183,906
$14,864
2013$179,777 + $998,779
$1,178,556
$14,859
2012$169,000 + $676,000
$845,000
$11,128
2010$169,000 + $676,000
$845,000
$11,187
2009$171,914 + $955,087
$1,127,001
$14,196
2009$169,000 + $676,000
$845,000
$14,196
2008$168,544 + $936,360
$1,104,904
$13,588
2007$165,240 + $918,000
$1,083,240
$13,145

Price Changed 2024-03-12
$1,638,000
TheMLSCLAW
Listed 2023-12-04
$1,699,000
TheMLSCLAW
Listing removed 2023-10-18
$0
TheMLSCLAW
Price Changed 2023-08-30
$1,659,000
TheMLSCLAW
Relisted 2023-05-04
$1,699,000
TheMLSCLAW
Listing removed 2023-05-02
$0
TheMLSCLAW
Relisted 2023-02-16
$1,795,000
TheMLSCLAW
Listing removed 2023-02-08
$0
TheMLSCLAW
Relisted 2023-02-04
$1,795,000
TheMLSCLAW
Listing removed 2023-01-09
$0
TheMLSCLAW
Relisted 2023-01-01
$1,795,000
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Listed 2022-10-28
$1,795,000
TheMLSCLAW
Listing removed 2022-09-03
$0
TheMLSCLAW
Listing removed 2022-07-20
$0
TheMLSCLAW
Listed 2022-07-18
$1,830,000
TheMLSCLAW
Price Changed 2022-07-11
$1,830,000
TheMLSCLAW
Listed 2022-06-22
$1,990,000
TheMLSCLAW
Listing removed 2022-03-16
$0
TheMLSCLAW
Listed 2021-12-04
$1,890,000
TheMLSCLAW
Listing removed 2021-09-30
$0
CRMLS
Relisted 2021-08-28
$1,838,000
CRMLS
Listing removed 2021-07-15
$0
CRMLS
Relisted 2021-06-04
$1,838,000
CRMLS
Listing removed 2021-05-24
$0
CRMLS
Listed 2021-04-04
$1,999,900
CRMLS
Sold 2006-04-10
$1,062,000
ITECH
Listed 2005-09-16
$1,090,000
ITECH
Sold 2005-04-21
$950,000
Public Record
Sold 2000-06-08
$405,000
Public Record
Listing removed 1997-01-12
$395,000
ITECH
Listed 1996-02-21
$395,000
ITECH
Sold 1975-09-26
$67,000
Public Record

Net Operating Income: 92654

Total Square Feet Living: 3247
Year Built: 1941
Common Walls: Detached/No Common Walls
Direction Faces: East
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 83
Levels or Stories: 2
Building Total Stories: 2
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish

Other Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Microwave

Hubert Howe Bancroft Middle School is a public middle school located approximately 0.1 miles away.
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Vine Street Elementary School is a public elementary school located approximately 0.6 miles away.
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Fairfax Senior High School is a public high school located approximately 1.3 miles away.
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Cheder Of Los Angeles is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.