NOT LISTED FOR SALE

Estimated Value: $2,654,609 - $3,075,000

4 Beds
5 Baths
4,102 Sq Ft
$711/Sq Ft Est. Value

Last Sold March 04, 2025

Last sale price $2,995,000 $730 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $16,122/month

12 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Retreat
  • 24-Hour Security
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of March 2025

Located within the historic gated community of Lafayette Square, this stunning 1925 Italian Revival, 4-bedroom, 5-bath home offers a perfect blend of historic charm and contemporary luxury. One of the premiere homes on a premium lot in the Square, the residence is surrounded by a professionally manicured landscape. High ceilings, mahogany paneling, and refined moldings, while thoughtful updates elevate the home's comfort and functionality. The custom-designed kitchen with luxury appliances and exquisite finishes is beautiful and highly functional, serving as the heart of the home. A stunning den featuring a built-in bar is perfect for entertaining. Every en-suite bathroom is finished with high-end fixtures and elegant detailing. The rear bedroom has a private Juliet balcony overlooking the gardens with the sounds of a serene fountain. Modern living is seamlessly integrated through advanced systems, including a cutting-edge, multi-zone HVAC system and a smart security network compatible with Android and Apple. Outside, a serene oasis awaits, designed for both relaxation with an outdoor kitchen and Al fresco dining under a custom pergola and entertaining. The home is surrounded by mature hedges with total privacy. A rose garden and vibrant greenery create an enchanting atmosphere, while a spacious outdoor dining and living area features a large BBQ, electric heaters, and a Sonos sound system. The updated two-car garage, pre-wired for electric vehicle chargers, is as functional as it is stylish, with custom cabinetry and ceiling storage. Connected to the garage is a versatile bonus studio featuring a state-of-the-art laser film projector and drop-down ten-foot cinema screen. The room is complete with panoramic doors, a private HVAC system, and a full bath. This remarkable home has undergone a series of meticulous enhancements that balance its historic character with modern convenience. Its structural integrity has been fortified with seismic upgrades, including braced cripple walls and reinforced foundations, ensuring lasting security. The kitchen and bathrooms have been entirely renovated with new piping, upgraded electrical systems, and premium finishes. A Pelican 3-stage water purification system has been installed for pristine water throughout the home, while a tankless water heater adds efficiency. Technological advancements abound, from a smart security system with remote access to automated gates and garage doors. Outdoor living spaces have been enriched with a smart drip irrigation system, smart energy-saving LED lighting, and remote-controlled patio awnings. Additional thoughtful updates include custom closets in the bedrooms, refinished wood floors, new energy-efficient attic insulation, and the burying of utility lines to preserve the home's clear, uninterrupted skyline. Every detail of this home reflects a commitment to quality and beauty, creating an unparalleled living experience in one of the most coveted neighborhoods in Los Angeles. This is more than a house it is a legacy of elegance and innovation.

Last Agent to Sell the Property

Nick Mercado

Sotheby's International Realty License #01348465 Listed on: 01/10/2025

Sotheby's International Realty

Co-Listed By

Brian Moore

Sotheby's International Realty License #01220178

Last Buyer's Agent

Molly Kelley

Compass License #02131639

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x149
  • East Facing Home
  • Gated Home
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard
  • Historic Home
  • Property is zoned LAR1

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Side by Side Parking
  • Garage Door Opener
  • Auto Driveway Gate
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 4,102 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Awning
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room
  • Center Hall
  • Property Views
  • Basement

Kitchen

  • Breakfast Room
  • Double Oven
  • Gas Oven
  • Range with Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Rain Gutters
  • Rear Porch

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 5071-005-023

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0.26 Acres

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 4102
  • Lot Acreage: 0.2568
  • Lot Dimensions: 75x149
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement, Bar, Home Automation System, Pre-wired for high speed Data, Pre-wired for surround sound, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Ceramic Tile, Tile
  • Appliances: Range Hood, Range, Oven-Gas, Oven, Double Oven, Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Primary Suite, Primary Retreat, Primary Bedroom, 2 Primary Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Tile, Remodeled, Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Family Kitchen, Breakfast Room, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 730.13

Exterior Features

  • Direction Faces: East
  • Other Features: Historical, Rain Gutters
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Awning, Patio Open, Porch - Rear
  • Pool Description: Room For
  • Pool: No
  • Roof: Composition, Tile
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Electric Vehicle Charging Station(s), Driveway Gate, Private, Private Garage, Side By Side, Detached, Door Opener, Driveway, Driveway - Concrete
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Fireplace, Central
  • Security: Carbon Monoxide Detector(s), Automatic Gate, 24 Hour, Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector, Owned

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 100.00
  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Front, Rear
  • Horses: No
  • Assessor Parcel Number: 5071-005-023
  • Lot Description: Back Yard, Automatic Gate, Lawn, Walk Street, Yard, Gutters
  • Lot Size Area: 11187

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Jan 30, 2025
Sold by
Mclaughlin Peter and Perrone Mary G
Bought by
Ricci-Pines Adam and Ricci-Pines Joseph
Seller's Agent
Nick Mercado
Sotheby's International Realty
Buyer's Agent
Molly Kelley
Compass
List Price
$2,995,000
Sold Price
$2,995,000
Views
16
Current Estimated Value
$2,918,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,598
Avg. Annual Appreciation
-2.44%
Original Mortgage
$2,096,500
Outstanding Balance
$2,069,128
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$849,274

Purchase Details

Closed on
Apr 4, 2013
Sold by
Mclaughlin Peter
Bought by
Mclaughlin Peter and Perrone Jerri

Purchase Details

Closed on
May 27, 2010
Sold by
Mclaughlin Peter J
Bought by
Mclaughlin Peter J

Purchase Details

Closed on
Mar 28, 2000
Sold by
Holt Darick
Bought by
Mclaughlin Peter J and Perrone Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ricci-Pines Adam $2,995,000 Fidelity National Title
Mclaughlin Peter -- None Available
Mclaughlin Peter J -- None Available
Mclaughlin Peter J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci-Pines Adam $2,096,500
Previous Owner Mclaughlin Peter J $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $2,995,000 0.0% $730 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $2,995,000 -- $730 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,156 $734,406 $384,235 $350,171
2024 $9,156 $720,006 $376,701 $343,305
2023 $8,988 $705,889 $369,315 $336,574
2022 $8,585 $692,049 $362,074 $329,975
2021 $8,462 $678,480 $354,975 $323,505
2019 $8,215 $658,358 $344,448 $313,910
2018 $8,131 $645,450 $337,695 $307,755
2016 $7,752 $620,388 $324,583 $295,805
2015 $7,218 $575,473 $319,708 $255,765
2014 $7,250 $564,201 $313,446 $250,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-478917

The MLS

APN: 5071-005-023

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