1301 N McCadden Place, Los Angeles, CA 90028
List Price: $951K
Listing Status: Active
Original List Price: $950K
0Days on Market: 51
4 Bedrooms · 2 Bathrooms · 1,530 sq ft
Property Type: Residential
Year Built: 1910
Lot Size: 5,418 sq ft
Private Pool: Yes
MLS Number: SR26129335
About This Property
This is not just TWO Craftsman Bungalows on a gated corner lot (Fountain & MCCadden) zoned LAR3! It's the LOCATION behind FAT SAL'S ORIGINAL RESTURANT in the Heart of desirable Hollywood, Easy walk to Hollywood & Sunset Blvds. Both Bungalows enjoy separate, private, gated yards, street frontage & private entrances. These are 2 Historic 1910-era craftsman bungalows that need restoration and system upgrades to refresh their Hollywood glamour and charm. This prime location deserves and demands it. The sellers are offering this treasure for sale only on the following terms: SALE IS ALL CASH ONLY! NO LOAN CONTINGENCY! NO APPRAISAL CONTINGENCY! NO PHYSICAL INSPECTION CONTINGENCY! This is a project for someone with passion, purpose and the means to bring it all to life. Yes, it needs a visionary someone who can see past the surface and recognize the gem waiting beneath. Whether you're a developer with an eye toward legacy assets, a preservation enthusiast ready to restore something meaningful, or a savvy investor looking for properties with potential upside like this don't come along often. Buyers to conduct independent due diligence regarding LAR3 zoning requirements & delvelopment feasibility. Great price makes this an amazing opportunity!
Listing provided by: Michael Anderson DRE #01028629 818-899-0993 homestobuy@aol.com, BrokerInTrust-Michael Noel Anderson
Source: CRMLS, MLS #: SR26129335