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Listed by S. Clara Blunk • Anvil Real Estate
$ 1,199,000
Est. payment /mo
Active Under Contract
842 N Mccadden Place Los Angeles, CA 90038
2,091 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,091 sqft
Price per Sqft $573
MLS Listing ID CROC25075065
HOA Y/N No
Year Built 1924
Lot Size 7,252 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
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
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Exterior
View None
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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