842 N Mccadden Place Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $7,875/month
Total Views
626
4
Beds
2
Baths
2,091
Sq Ft
$573
Price per Sq Ft
Highlights
- No HOA
- Bike Trail
- 1-Story Property
- 2 Car Garage
- No Heating
About This Home
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.
Listing Agent
Anvil Real Estate Brokerage Phone: 818-730-3587 License #01189372 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,725
Year Built
- Built in 1924
Lot Details
- 7,252 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
Home Design
- Duplex
Interior Spaces
- 2,091 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- No Heating
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 181
- Tax Tract Number 4427
- Assessor Parcel Number 5524005022
- $409 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $100
- Trash Expense $120
- Water Sewer Expense $120
- Operating Expense $340
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,725 | $1,302,170 | $1,065,414 | $236,756 |
| 2024 | $15,725 | $1,276,638 | $1,044,524 | $232,114 |
| 2023 | $15,425 | $1,251,607 | $1,024,044 | $227,563 |
| 2022 | $14,713 | $1,227,066 | $1,003,965 | $223,101 |
| 2021 | $14,530 | $1,203,007 | $984,280 | $218,727 |
| 2020 | $14,679 | $1,191,033 | $974,188 | $216,845 |
| 2019 | $14,098 | $1,167,688 | $955,087 | $212,601 |
| 2018 | $13,992 | $1,144,800 | $936,360 | $208,440 |
| 2017 | $1,281 | $81,909 | $61,026 | $20,883 |
| 2016 | $1,146 | $80,304 | $59,830 | $20,474 |
| 2015 | $1,132 | $79,099 | $58,932 | $20,167 |
| 2014 | $1,151 | $77,550 | $57,778 | $19,772 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $1,199,000 | 0.0% | $573 / Sq Ft |
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $1,199,000 | -- | $573 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $133,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25075065
APN: 5524-005-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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