401 S Las Palmas Ave Los Angeles, CA 90020
Hancock Park NeighborhoodEstimated payment $48,885/month
Total Views
7,198
6
Beds
6
Baths
6,547
Sq Ft
$1,220
Price per Sq Ft
Highlights
- Attached Guest House
- Cabana
- View of Hills
- Third Street Elementary School Rated A
- 0.45 Acre Lot
- Family Room with Fireplace
About This Home
Grand Hancock Park Estate on Coveted Tree-Lined Street Half-Acre Lot Located on one of Hancock Park's most picturesque and sought-after streets, this stately residence is set on an expansive half-acre lot, offering the rare combination of timeless elegance and resort-style amenities in the heart of the city. Originally constructed with classic architectural integrity, the home underwent a complete rebuild down to the studs in 2010, resulting in a masterfully reimagined estate where sophisticated design meets modern function. Every room is thoughtfully oriented to capture panoramic views of the lush, park-like grounds, creating a seamless connection between indoor and outdoor living. The centerpiece of the outdoor space is an Olympic-sized swimmer's pool with an automatic cover, set against the backdrop of a striking resort-style cabana, oversized outdoor fireplace, and a fully equipped BBQ kitchen perfect for grand-scale entertaining or intimate family gatherings. Inside, the home features a spacious gourmet eat-in kitchen that opens to both the family room and backyard, ideal for modern living. The formal living room boasts soaring beamed ceilings and a fireplace, while a richly appointed wood-paneled library offers a cozy retreat. A guest suite with separate entrance and a private office complete the main level. Upstairs, the dramatic vaulted staircase leads to five generously sized bedrooms, including a luxurious primary suite with spa-inspired bath, dual walk-in closets, a secluded patio & sitting area with fireplace overlooking the grounds. This extraordinary property is a showcase for the best of Southern California indoor/outdoor living, offering unparalleled space, comfort, and style in one of Los Angeles' most prestigious neighborhoods. Tennant occupied until March 2026. Please do not disturb the tenants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $65,213
Year Built
- Built in 1927 | Remodeled
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 105x187
- Fenced Yard
- Sprinkler System
- Back and Front Yard
- Property is zoned LAR1
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Side by Side Parking
- Garage Door Opener
- Driveway
Property Views
- Hills
- Park or Greenbelt
Home Design
- Spanish Architecture
- Copper Plumbing
Interior Spaces
- 6,547 Sq Ft Home
- 2-Story Property
- Built-In Features
- Paneling
- Beamed Ceilings
- French Doors
- Family Room with Fireplace
- 6 Fireplaces
- Living Room with Attached Deck
- Formal Dining Room
- Den with Fireplace
- Library with Fireplace
- Center Hall
Kitchen
- Country Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Oven or Range
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Home Security
- Security System Owned
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Cabana
- Filtered Pool
- Heated In Ground Pool
- Gas Heated Pool
- Gunite Pool
- Spa
- Pool Cover
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Grill
Additional Homes
- Attached Guest House
Utilities
- Central Heating and Cooling System
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5507-015-017
Map
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Home Values in the Area
Average Home Value in this Area
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 | $65,213 | $5,421,454 | $3,227,057 | $2,194,397 |
| 2024 | $65,213 | $5,315,152 | $3,163,782 | $2,151,370 |
| 2023 | $63,927 | $5,210,935 | $3,101,748 | $2,109,187 |
| 2022 | $60,917 | $5,108,761 | $3,040,930 | $2,067,831 |
| 2021 | $60,160 | $5,008,590 | $2,981,304 | $2,027,286 |
| 2019 | $58,334 | $4,860,034 | $2,892,878 | $1,967,156 |
| 2018 | $58,081 | $4,764,740 | $2,836,155 | $1,928,585 |
| 2016 | $55,557 | $4,579,722 | $2,726,025 | $1,853,697 |
| 2015 | $54,739 | $4,510,931 | $2,685,078 | $1,825,853 |
| 2014 | $54,877 | $4,422,570 | $2,632,482 | $1,790,088 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $7,990,000 | 0.0% | $1,220 / Sq Ft |
| 03/25/2024 03/25/24 | Rented | $20,000 | -13.0% | -- |
| 03/19/2024 03/19/24 | Under Contract | -- | -- | -- |
| 02/20/2024 02/20/24 | For Rent | $23,000 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $4,200,000 | Fidelity National Title Co | |
| Grant Deed | $3,150,000 | Fatcola | |
| Grant Deed | -- | Fatcola |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $2,000,000 | New Conventional | |
| Previous Owner | $1,737,500 | Credit Line Revolving | |
| Previous Owner | $2,362,500 | Purchase Money Mortgage | |
| Previous Owner | $2,156,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $175,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25544977
APN: 5507-015-017
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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