1301 N McCadden Place
Los Angeles, CA, 90028
$950,500
Original list price: $950,000
MLS: SR26129335
Beds
4
Baths
2
Sq Ft
1,530
Lot
0.12 ac
Year Built
1910
MLS #
SR26129335
Days on Market
52
Listed
Jun 13, 2026
Description
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!
Location
Los Angeles, Los Angeles County, CA 90028
Open on Google Maps ↗Listed by: Michael Anderson · BrokerInTrust-Michael Noel Anderson
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,144
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,050 · Loan: $855,450
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,497
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $33,268 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90028 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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