Jodi Summers
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
UPSIDE! UPSIDE! UPSIDE! BUY 2 RENTALS – BUILD 4 CONDOS
853+855 N MCCADDEN PLACE, LOS ANGELES, CA 90038
Price: $1,000,000
Building Size: 1,918 SF
Lot Size: 7,250 SF
Zoning: LARD1.5
Property Type: Multifamily
No. Units: 2
Price/Unit: $500,000
Occupancy: 100%
Tenancy: Multiple
Centrally located Highland and Melrose duplex with upside in land value.
Current zoning allows up to 4 Small Lot Subdivision single family homes. Property has 2 entrances (street and alley) enabling easy parking configuration for new development.
Please contact us for more information.
Best,
Jodi Summers
Broker Associate
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
www.SoCalMultiUnitRealEstateBlog.com
CalBRE - 01343854
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p.s. This is not intended as a solicitation if your property is already listed with another agent. Broker/Agent may not hold the listing on this property and does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources.
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