Listed by Keller Williams West Hollywood
$5,495,000
833 N McCadden Pl
Details
APN 5524-004-006
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 10,929
Units 5
Beds 20
Cap Rate 6.01%
NOI $330,110
Occupancy 100%
Price per SqFt $503
Year Built 2023
Buildings 2
Stories 3
Lot Size (SqFt) 7,249
Zoning LARD1.5
Parking Spaces 2 per unit
Prime Hollywood Location with Solar Energy Efficiency and 2 private parking spaces per unit
Marketing description
6.01% Cap Rate, Fully Leased & Cash Flowing - 833 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, 833 N McCadden Place combines turnkey income with minimal maintenance in a prime Hollywood location.
Investment highlights
Listing Contacts
Listed by Keller Williams West Hollywood
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$330,110.00
$27,509.17/mo
Valuation Metrics
0
DSCR
6.01%
Cap Rate
6.01%
ROI
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