822 N Mccadden Place, Los Angeles, California 90038, Los Angeles, 90038 - 4 bed, 4 bath

822 N Mccadden Place, Los Angeles, California 90038 home-pic-0
ACTIVE$1,299,000$2,229/sqft
Est. Value: $1,226,849
-5%
AboveEstimate
822 N Mccadden Place, Los Angeles, California 90038
4Beds
4Baths
2,229Sqft
1,812Lot

Price Vs. Estimate

The estimated value ($1,226,848.86) is $72,151.14 (5%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Hollywood Location: The property boasts a prime Hollywood location, offering excellent proximity to Hancock Park, local shops, dining, and major studios, enhancing its desirability and potential for appreciation.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1812, living area = 2229.

Compared to the nearby listings

Price:$1.30M vs avg $1.18M (+$124,000)86%
Size:2,229 sqft vs avg 1,864 sqft64%
Price/sqft:$583 vs avg $59650%

More Insights

Built in 2011 (15 years old).
Condition: Built in 2011, this property is 13 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, white cabinetry, and granite countertops, which are well-maintained and functional, though not brand-new. Bathrooms are clean with contemporary vanities, tiled showers, and tubs. Flooring (hardwood, tile, carpet) is in good condition throughout. The overall aesthetic is modern and bright, indicating minimal wear and tear and well-maintained systems.
Year Built
2011
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
26633409
Home ConditionGood
Features
Good View:
Deck
View

About this home

Spacious, light-filled, & thoughtfully designed, this contemporary 4-bedroom, 3.5-bath residence offers over 2,200 square feet of flexible living space with a private yard & attached garage in a prime Hollywood location near Hancock Park, local shops, dining, & major studios. The property is part of a small-lot subdivision with no HOA. Enter through the first level which features a bedroom with en-suite bath (staged as office) that grants access to a hedged back yard. Take the sweeping staircase to the main level that includes generous open living + dining areas w a balcony, powder room, & large kitchen offering dual sinks & stoves. The top floor provides a spacious primary w en-suite bath, 2 additional bedrooms with a Jack-and-Jill bath, & laundry area. This is an ideal opportunity for both an owner-user or a low-maintenance rental investment.

B
Basya Gradon
Listing Agent

Price History

Date
Event
Price
05/07/07
Sold
$825,000
Condition Rating
Good

Built in 2011, this property is 13 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, white cabinetry, and granite countertops, which are well-maintained and functional, though not brand-new. Bathrooms are clean with contemporary vanities, tiled showers, and tubs. Flooring (hardwood, tile, carpet) is in good condition throughout. The overall aesthetic is modern and bright, indicating minimal wear and tear and well-maintained systems.
Pros & Cons

Pros

Prime Hollywood Location: The property boasts a prime Hollywood location, offering excellent proximity to Hancock Park, local shops, dining, and major studios, enhancing its desirability and potential for appreciation.
Modern & Spacious Design: This contemporary residence features a spacious, light-filled, and thoughtfully designed interior with over 2,200 square feet, 4 bedrooms, and 3.5 baths, providing flexible and comfortable living.
No HOA Dues: As part of a small-lot subdivision with no HOA, the property offers a significant financial advantage by eliminating recurring homeowner association fees, making it more attractive to buyers.
Versatile Investment Opportunity: The property is presented as an ideal opportunity for both an owner-user seeking a modern home and a low-maintenance rental investment, broadening its market appeal.
Desirable Features & Amenities: Key features include a private yard, attached garage, a large kitchen with dual sinks and stoves, a primary suite with an en-suite bath, and a dedicated laundry area, all contributing to modern convenience.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1812, living area = 2229.
Compact Lot Size: With a lot size of 1,812 square feet, the property offers limited outdoor space beyond the private yard, which may not appeal to buyers desiring larger gardens or extensive outdoor living areas.
Multi-Level Layout: The three-story layout, while providing distinct living zones, may be a drawback for buyers with mobility concerns or those who prefer single-story living for ease of access.
Small-Lot Subdivision Density: Being part of a small-lot subdivision inherently implies closer proximity to neighboring homes, which might be a concern for buyers prioritizing maximum privacy and a more traditional single-family home feel.
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