805 N Mccadden Place, Los Angeles, CA 90038

Built in 1941, 805–809 N. McCadden Place is a character-rich, 7-unit multifamily property offering a mix of updated and value-add living spaces. Five of the seven residences have been remodeled with upgraded wainscoting, hardwood flooring, and enhanced interior finishes. Central air is available in five units, and select residences include in-unit laundry. The remaining two units present an opportunity for future renovation and rental updates. Tenants pay all utilities, which helps minimize owner utility expenses. Recent capital work includes updates to five electrical panels, and the roof is approximately 15 years old per the seller.

The property is located in the heart of Hollywood, with access to the surrounding Los Angeles area’s dining, entertainment, and employment hubs.

This asset should appeal to buyers looking for a small apartment building with meaningful interior improvements already completed in a majority of the units, while still leaving room for additional upgrades in two residences. The presence of three separate 2-car garages adds operational flexibility and may support potential ADU conversions, though buyers should verify feasibility. With tenant-paid utilities and ongoing maintenance-related updates already noted, the building offers a practical framework for steady operations and phased improvements.