1335 N Mccadden Pl, Los Angeles, CA 90028
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1335 N Mccadden Pl Los Angeles, CA 90028

$1,800,000 Sold Price as of 10/23/2020
  • 14 Beds
  • 11 Baths
  • -- Sq.Ft.
Sold
$1,800,000 Sold Price as of 10/23/2020 Refinance Your Mortgage

Map preview of 1335 N Mccadden Pl, Los Angeles, CA 90028

Property Overview: 1335 N Mccadden Pl Los Angeles, CA has 14 bedrooms, 11 bathrooms, -- living square feet and 5,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Accepting back up. An awesome opportunity for a great 1031 exchange income property in the heart of Hollywoods scene & attractions.Beautiful craftsman style 3/2 home with permitted attached 2 story 3 unit apartments with bonus unit. All the units have been meticulously renovated with a modern contemporary feel and design. 1unit & bonus will be delivered vacant at close of escrow. Currently used as a vacation or short term corporate housing minimum 30 day rental fully furnished to attract the highest possible rents. Option available topurchase existing furniture and continue with current turnkey rental system in place. Tremendous value add opportunity or set the stage on rents if delivered vacant. Its rare to find a relatively quiet street in such a happening location where you can even walk to most venues or locations that are highly sought after for tourism etc. Great for investors, possible owner user opportunity.

Listed by Adam Bensimon | BRE #01709018 | Dream Home Estates, Inc
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
5,524
HOA Dues
$0/mo
Year built
1911
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
20591950
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $3,950
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.84
  • Gross Scheduled Income: --
  • Net Operating Income: $114,715
  • Gross Operating Income: $144,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $23,125
  • Trash: $1,050
  • Insurance: $2,000
  • Maintenance: $1,200
  • Water/Sewer: $2,000

Property Details for 1335 N Mccadden Pl

Interior Features
Cooling Information
  • Has Cooling
  • Gas
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood, Stone
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5547033022
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: One block East of Highland South of Sunset North of Fountain
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Sale History for 1335 N Mccadden Pl

Last sold for $1,800,000 on October 23rd, 2020
  • November, 2020

  • Nov 14, 2020

    Date

    Sold

    CRMLS: 20591950

    $1,800,000

    Price

  • Aug 15, 2020

    Date

    Active Under Contract

    CRMLS: 20591950

    $1,850,000

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: 20591950

    $1,850,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

  • July, 2014

  • Jul 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $700,007

    Price

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Tax History for 1335 N Mccadden Pl

Assessed Value (2020): $769,254
Year Land Value Improved Value Assessed Value
2020 $549,467 $219,787 $769,254

Home Value Compared to the Market

This property vs the competition

1335 N Mccadden Pl sold on October 23, 2020 for 55.46% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1335 N Mccadden Pl

Detailed summary of property

1335 N Mccadden Pl is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 14 bedrooms, 11 bathrooms, roughly -- living square feet, and sits on an approximately 5,524 square foot lot. 1335 N Mccadden Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.46% higher than the current median priced home. Local homes that are currently for sale include 610 N Spaulding Ave, 812 N Van Ness Ave and 823 N Ogden Dr. While the average home in Los Angeles, CA is selling in 93 days, 1335 N Mccadden Pl has a days on market of 57 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1335 N Mccadden Pl Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1335 N Mccadden Pl

Public county record property details
Beds
7
Baths
5
Year built
1911
Sq. Ft.
3,241
Lot Size
5,523
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5547-033-022

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 1335 N Mccadden Pl

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.