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835 N McCadden Pl
Los Angeles, CA 90038
835 N McCadden Pl · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Spacious & flooded with natural light
- 10 parking spaces, including two 2-car garages
- Tenants pay all utilities
EXECUTIVE SUMMARY
835 N McCadden Place is a brand-new collection of five fully-leased townhome-style apartments in the heart of Hollywood, Los Angeles. The building includes five 4-bedroom, 4.5-bath units, each with two parking spaces. Tenants pay all utilities. Each unit features in-unit laundry, stainless steel appliances, and modern, open layouts designed for comfort and functionality. The property also includes solar energy, adding efficiency and sustainability. With contemporary design, high-quality finishes, and spacious, light-filled interiors, 835 N McCadden Place combines turnkey income with minimal maintenance in a prime Hollywood location.
PROPERTY FACTS
| Price Per Unit | $1,119,000 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.45% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 13.73 | Building Size | 10,929 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2023 |
| Zoning | LARD1.5 | ||
| Price Per Unit | $1,119,000 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| Gross Rent Multiplier | 13.73 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 10,929 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2023 |
| Zoning | LARD1.5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4.5 | 1 | $6,700 | 2,140 |
| 4+4.5 | 1 | $6,550 | 2,139 |
| 4+4.5 | 1 | $6,000 | 1,815 |
| 4+4.5 | 1 | $7,200 | 2,380 |
| 4+4.5 | 1 | $7,500 | 2,455 |
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