NOT LISTED FOR SALE

315 N Mccadden Place Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $4,871,176 - $6,075,000

5 Beds
5 Baths
4,926 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $3,450,000 $700 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $32,756/month

Highlights

  • Detached Guest House
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Breakfast Room

About This Home

As of December 2023

Elegance and luxury in Hancock Park residence provides abundant space for both relaxation and entertainment. Marble flooring and a sweeping staircase set the tone for the refined aesthetic found throughout. Formal living room, elegant dining area, a stylish chef's kitchen, custom cabinetry, and a spacious island. The master suite is a private retreat, featuring a generous bedroom space with his and her walk-in closet. cozy fireplace, and en-suite bathroom. Each of the additional bedrooms offers its own ample closet space and en-suite bathrooms, The outdoor oasis is an entertainer's dream, landscaped backyard with lush greenery, hosting gatherings with a built-in BBQ area, enjoying the California sunshine. There is a spacious backyard where you can build a swimming pool according to your desires. Guest house with own kitchen and bathroom. Situated in prestigious Hancock Park, this home is nestled within a desirable neighborhood renowned for its tree-lined streets, and strong sense of community.

Last Agent to Rent the Property

Kay Park

Dream Realty & Investments Inc License #01268123 Listed on: 09/07/2023

Dream Realty & Investments Inc

Last Renter's Agent

Kay Park

Dream Realty & Investments Inc License #01268123 Listed on: 09/07/2023

Dream Realty & Investments Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,916

Year Built

  • Built in 1927

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 69x168
  • Property is zoned LARE9

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,926 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Library
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $33,000
  • Tenant pays for electricity, gas, cable TV, water, trash collection, insurance
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5524-037-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,916

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Lease Option: 1
  • Rent Includes: Gardener
  • Security Deposit: 33000
  • Tenant Pays: Electricity, Gas, Cable TV, Water, Trash Collection, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4926
  • Lot Acreage: 0.2653
  • Lot Dimensions: 69x168
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.05

Exterior Features

  • Guest House: Detached
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5524-037-015
  • Lot Size Area: 11557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2017
Closed on
May 22, 2018
Sold by
Wang Kun
Bought by
Song Sang Jun and Shim Joo Hyun
Seller's Agent
Helen Qi
West Shores Realty, Inc.
Buyer's Agent
Kay Park
Dream Realty & Investments Inc
List Price
$4,295,000
Sold Price
$3,450,000
Premium/Discount to List
-$845,000
-19.67%
Current Estimated Value
$5,484,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034,044
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 14, 2014
Sold by
Wang Fujuan
Bought by
Wang Kun
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
Kate Liao
Keller Williams Beverly Hills
List Price
$3,795,000
Sold Price
$3,388,888
Premium/Discount to List
-$406,112
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,950,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2014
Sold by
Katz Maurice H
Bought by
Wang Kun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Song Sang Jun $3,450,000 Pacific Coast Title Company
Wang Kun -- Equity
Wang Kun $3,389,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Kun $1,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2023 12/21/23 Rented $13,000 -13.3% --
09/19/2023 09/19/23 Price Changed $15,000 -9.1% $3 / Sq Ft
09/07/2023 09/07/23 For Rent $16,500 0.0% --
05/23/2018 05/23/18 Sold $3,450,000 -6.7% $899 / Sq Ft View Prior Sale
05/21/2018 05/21/18 Price Changed $3,699,000 -13.9% $964 / Sq Ft
10/21/2017 10/21/17 For Sale $4,295,000 +26.7% $1,120 / Sq Ft
01/06/2015 01/06/15 Sold $3,388,888 -3.0% $668 / Sq Ft View Prior Sale
10/29/2014 10/29/14 Price Changed $3,495,000 -2.8% $689 / Sq Ft
10/17/2014 10/17/14 Price Changed $3,595,000 -5.3% $709 / Sq Ft
09/02/2014 09/02/14 For Sale $3,795,000 -- $749 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $46,916 $3,925,508 $3,140,407 $785,101
2024 $46,916 $3,848,538 $3,078,831 $769,707
2023 $46,004 $3,773,077 $3,018,462 $754,615
2022 $43,858 $3,699,096 $2,959,277 $739,819
2021 $43,324 $3,626,565 $2,901,252 $725,313
2019 $42,022 $3,519,000 $2,815,200 $703,800
2018 $43,409 $3,579,684 $2,523,418 $1,056,266
2016 $41,482 $3,440,682 $2,425,432 $1,015,250
2015 $4,973 $384,424 $100,958 $283,466
2014 $4,998 $376,895 $98,981 $277,914
Source: Public Records

Agents Affiliated with this Home

  • Kay Park

    Landlord's Agent in 2023

    Kay Park

    Dream Realty & Investments Inc

    (213) 675-1413

    4 in this area

    55 Total Sales

    Kay Park
    Section Image
  • Helen Qi

    Seller's Agent in 2018

    Helen Qi

    West Shores Realty, Inc.

    (310) 562-8089

    13 Total Sales

    Helen Qi
    Section Image
  • Lisa Hutchins

    Seller's Agent in 2015

    Lisa Hutchins

    Coldwell Banker Realty

    (323) 216-6938

    15 in this area

    27 Total Sales

    Lisa Hutchins
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Sally Aminoff

    Core Real Estate Group

    Section Image

  • K

    Buyer's Agent in 2015

    Kate Liao

    Keller Williams Beverly Hills

    Section Image
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Map

Source: The MLS

MLS Number: 23-308927

The MLS

APN: 5524-037-015

California Los Angeles County Los Angeles 90004 Hancock Park

315 N Mccadden Place, Los Angeles, CA

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