4
See all 4 photos
$1,199,000
Est. payment /mo
7,252 Sqft Lot
Active Under Contract
842 N Mccadden PL Los Angeles, CA 90038
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC25075065
HOA Y/N No
Year Built 1924
Lot Size 7,252 Sqft
Property Sub-Type Duplex
Property Description
FIRST TIME ON THE MARKET IN OVER 50 YEARS!!!! Amazing opportunity for first-time buyers, investors and/or developers! This exceptional investment and development parcel is nestled in Hollywood near Hancock Park. The lot has a duplex and is zoned R-1.5 permitting the construction of up to 4 units (buyer to verify). New developments create demand for economic growth. A rare opportunity to own a 1920s Spanish-style duplex with the possibility of adding an ADU (buyer to verify). Ideal for owner-users or investors seeking a timeless asset in a highly desirable neighborhood. This exceptional investment and development parcel is nestled in the vibrant core of Hollywood. New developments allow for demand and ongoing economic growth. Located near Paramount Studios, Netflix, Sunset Gower Studios, and NBC Studios. The "Echelon Studios" complex is set to be completed in 2026. Buyers are encouraged to independently confirm the accuracy of all information through personal inspections and consultations with qualified professionals. CASH-only buyers, you can rehab the 2 existing units, possibly add an ADU, or build up to 4 units.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5524005022
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by S. Clara Blunk • Anvil Real Estate • 818-730-3587