Property Details

Price $1,638,000

Year Built 1941

# of Units 4

Price P/ Unit $409,500

Sq. ft. 3,247 SF

Price p/ Sq. ft. $504

Current Cap Rate 5.66%

Proforma Cap Rate 6.05%

Lot Size 7,250 SF

Zoning LARD1.5

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About the Property

827 N. 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 in a super walkable location minutes from La Brea Ave, Melrose Ave, Santa Monica Blvd, and several large production studios. 827 N. McCadden features (1) 2-bdrm. 2-bath single-family home, (1) 2-bdrm. and 2-bath unit, and (2) 1-bdrm. units. The front single-family home and 2 units will be delivered vacant upon COE. The front single-family home features a spacious 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).

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