NOT LISTED FOR SALE

542 N Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $3,571,000 - $4,395,000

4 Beds
2.5 Baths
3,032 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $3,092,500 $1,020 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $24,985/month

11 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • No HOA
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Covered patio or porch

About This Home

As of November 2019

Modern sophistication incorporated into 1920s 4 BR/2.5 BA Hancock Park home complete with guest house. Dramatic two story entry foyer. Step down living room with beamed ceilings and fireplace. Large open floor plan with gourmet kitchen, breakfast bar and high-end appliances, dining area, and family room all flowing to large covered patio, outdoor dining area. Powder room rounds out main floor. Upstairs, romantic master suite with fireplace, walk-in closet and bathroom with dual vanity, soaking tub and separate shower. Two spacious bedrooms share large jack & jill bathroom. Unique 4th bedroom/office located on a separate landing just below the 2nd floor. Considerable upgrades throughout. Extensively renovated guest house/converted garage has vaulted ceilings, bathroom, heating/air. 3rd Street Elementary School.

Last Agent to Sell the Property

Peter Buonocore

Keller Williams Larchmont License #01279107 Listed on: 09/26/2019

Keller Williams Larchmont

Last Buyer's Agent

Joseph Reichling

Compass License #01427385

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,264

Year Built

  • Built in 1926

Lot Details

  • 6,984 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Security System Owned

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-023-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,264

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3032
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 987.80

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-023-002
  • Geocode Override: No
  • Lot Size Area: 6984

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 30, 2019
Sold by
Eaton David D and Farina Paul J
Bought by
Eaton David and Farina Paul J
Seller's Agent
Peter Buonocore
Keller Williams Larchmont
Buyer's Agent
Joseph Reichling
Compass
List Price
$2,995,000
Sold Price
$3,092,500
Premium/Discount to List
$97,500
3.26%
Total Days on Market
11
Current Estimated Value
$3,905,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,588
Avg. Annual Appreciation
4.20%
Original Mortgage
$800,000
Interest Rate
3.7%

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 11, 2019
Sold by
Bender Michael and Pak Suchin
Bought by
Eaton David D and Farina Paul J
Seller's Agent
Peter Buonocore
Keller Williams Larchmont
Buyer's Agent
Joseph Reichling
Compass
List Price
$2,995,000
Sold Price
$3,092,500
Premium/Discount to List
$97,500
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Bender Michael G
Bought by
Bender Pak Family Trust

Purchase Details

Listed on
Sep 12, 2013
Closed on
Oct 7, 2013
Sold by
Mckenna William B
Bought by
Bender Michael B and Pak Suchin
Seller's Agent
Jenna Cooper
Compass
Buyer's Agent
Peter Buonocore
Keller Williams Larchmont
List Price
$2,279,000
Sold Price
$2,112,520
Premium/Discount to List
-$166,480
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,250,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2003
Sold by
Mckenna William B
Bought by
Mckenna William B and Mckenna Aline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2000
Sold by
Mckenna William
Bought by
Mckenna William B and Mckenna Aline B

Purchase Details

Closed on
Jul 16, 1998
Sold by
Vines Claire
Bought by
Mckenna William and Mckenna Aline Brosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
7.01%

Purchase Details

Closed on
Jan 15, 1996
Sold by
Gelman Marc S
Bought by
Vines Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.25%

Purchase Details

Closed on
Jan 11, 1996
Sold by
Levi Dan
Bought by
Vines Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.25%
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
Eaton David -- First American Title Company
Eaton David D $3,092,500 First American Title Company
Bender Pak Family Trust -- None Available
Bender Michael B $2,113,000 Equity Title
Mckenna William B -- Old Republic Title Company
Mckenna William B -- Old Republic Title Company
Mckenna William B -- --
Mckenna William $789,000 Equity Title Company
Vines Claire $510,000 --
Vines Claire -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton David $786,000
Closed Eaton David D $800,000
Previous Owner Bender Michael B $1,250,000
Previous Owner Mckenna William B $565,000
Previous Owner Mckenna William B $300,000
Previous Owner Mckenna William B $607,000
Previous Owner Mckenna William B $605,000
Previous Owner Mckenna William $631,200
Previous Owner Vines Claire $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $3,092,500 +3.3% $1,020 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $2,995,000 +41.8% $988 / Sq Ft
11/19/2013 11/19/13 Sold $2,112,520 -7.3% $697 / Sq Ft
09/12/2013 09/12/13 For Sale $2,279,000 +7.9% $752 / Sq Ft
09/11/2013 09/11/13 Off Market $2,112,520 -- --
09/11/2013 09/11/13 For Sale $2,279,000 -- $752 / 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
2024 $40,264 $3,315,783 $2,466,064 $849,719
2023 $39,478 $3,250,768 $2,417,710 $833,058
2022 $37,631 $3,187,028 $2,370,304 $816,724
2021 $37,180 $3,124,538 $2,323,828 $800,710
2019 $27,634 $2,321,458 $1,377,380 $944,078
2018 $27,546 $2,275,940 $1,350,373 $925,567
2016 $26,352 $2,187,565 $1,297,938 $889,627
2015 $25,964 $2,154,706 $1,278,442 $876,264
2014 $26,121 $2,112,500 $1,253,400 $859,100
Source: Public Records

Agents Affiliated with this Home

  • Peter Buonocore

    Seller's Agent in 2019

    Peter Buonocore

    Keller Williams Larchmont

    (323) 762-2561

    16 in this area

    84 Total Sales

    Peter Buonocore
    Section Image
  • Joseph Reichling

    Buyer's Agent in 2019

    Joseph Reichling

    Compass

    (323) 395-9084

    5 in this area

    242 Total Sales

    Joseph Reichling
    Section Image
  • Boni Bryant

    Buyer Co-Listing Agent in 2019

    Boni Bryant

    Compass

    (323) 854-1780

    6 in this area

    83 Total Sales

    Boni Bryant
    Section Image
  • Jenna Cooper

    Seller's Agent in 2013

    Jenna Cooper

    Compass

    (213) 784-7798

    21 in this area

    123 Total Sales

    Jenna Cooper
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-514934

The MLS

APN: 5524-023-002

California Los Angeles County Los Angeles 90004 Hancock Park

542 N Las Palmas Ave, Los Angeles, CA

This home is located at 542 N Las Palmas Ave, Los Angeles, CA 90004 since 26 September 2019 and is currently estimated at $3,905,088, approximately $1,287 per square foot. This property was built in 1926. 542 N Las Palmas Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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The MLS © 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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