NOT LISTED FOR SALE

542 N Mccadden Place Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $2,951,000 - $3,451,000

3 Beds
4 Baths
2,339 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $2,270,000 $971 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $18,628/month

21 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Breakfast Area or Nook
  • Third Street Elementary School Rated A
  • No HOA
  • 2 Car Detached Garage

About This Home

As of October 2022

Bring your imagination and your designer to this Hancock Park property that is oozing with opportunity! Located in the Hancock Park HPOZ, this Traditional-style home features 3 bedrooms + den/office + basement and 4 bathrooms. The layout and original details of the house are not to be overlooked. The common area rooms - living room, dining room, den/office and eat-in kitchen - are located toward the front of the house, while the bedrooms and bathrooms are situated toward the rear. There is a downstairs basement, accessible from the kitchen, which features fireplace, wet bar, laundry room and 3/4 bathroom (believed to be unpermitted). A wonderful outdoor patio sits just off the front entrance to the house. The backyard is extremely private and also has a detached 2-car garage. Probate sale with full authority in place. Property is designated as a non-contributing feature through the HPOZ - Buyer to verify.

Last Agent to Sell the Property

Jeff Lemen

Carolwood Estates License #01314776 Listed on: 08/10/2022

Carolwood Estates

Last Buyer's Agent

Andrew Brody

Equity Union License #01776328

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,203

Year Built

  • Built in 1947

Lot Details

  • 7,975 Sq Ft Lot
  • Lot Dimensions are 55x145
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,339 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Enclosed Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-024-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,203

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Bring your imagination and your designer to this Hancock Park property that is oozing with opportunity! Located in the Hancock Park HPOZ, this Traditional-style home features 3 bedrooms + den/office + basement and 4 bathrooms. The layout and original details of the house are not to be overlooked. The common area rooms - living room, dining room, den/office and eat-in kitchen - are located toward the front of the house, while the bedrooms and bathrooms are situated toward the rear. There is a downstairs basement, accessible from the kitchen, which features fireplace, wet bar, laundry room and 3/4 bathroom (believed to be unpermitted). A wonderful outdoor patio sits just off the front entrance to the house. The backyard is extremely private and also has a detached 2-car garage. Probate sale with full authority in place. Property is HPOZ designated as a non-contributing feature.
  • Living Area: 2339
  • Lot Acreage: 0.1831
  • Lot Dimensions: 55x145
  • Probate: Yes
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Bonus Room, Master Bedroom
  • Flooring: Carpet, Linoleum, Tile
  • Bedrooms: 3
  • Fireplaces: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 769.13

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-024-002
  • Lot Size Area: 7975

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Cheng Kathleen
Bought by
Ouyang Eric C
Current Estimated Value
$3,103,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,551
Outstanding Balance
$750,186
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,353,611

Purchase Details

Closed on
Jan 19, 2024
Sold by
Sandra And John Yang Living Trust and Yang John H
Bought by
Ouyang Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,551
Outstanding Balance
$750,186
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,353,611
Source: Public Records

Range of Values:

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Average Value
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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
Ouyang Eric C -- Consumers Title
Ouyang Eric C $2,930,000 Consumers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouyang Eric C $766,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $2,270,000 0.0% $971 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/31/2022 08/31/22 Off Market $2,270,000 -- --
08/10/2022 08/10/22 For Sale $1,799,000 -- $769 / 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 $28,203 $2,988,600 $2,767,056 $221,544
2024 $28,203 $2,315,400 $1,852,320 $463,080
2023 $27,739 $2,270,000 $1,816,000 $454,000
2022 $8,470 $689,890 $407,129 $282,761
2021 $8,356 $676,364 $399,147 $277,217
2019 $8,112 $656,305 $387,309 $268,996
2018 $7,989 $643,437 $379,715 $263,722
2016 $7,630 $618,453 $364,971 $253,482
2015 $7,520 $609,164 $359,489 $249,675
2014 $7,550 $597,233 $352,448 $244,785
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lemen

    Seller's Agent in 2022

    Jeff Lemen

    Carolwood Estates

    (310) 482-2006

    1 in this area

    56 Total Sales

    Jeff Lemen
    Section Image
  • Andrew Brody

    Buyer's Agent in 2022

    Andrew Brody

    Equity Union

    (818) 288-3247

    1 in this area

    58 Total Sales

    Andrew Brody
    Section Image

  • R

    Buyer Co-Listing Agent in 2022

    Robert Fragoso

    Bill Kim, Broker

    (949) 572-4468

    2 in this area

    10 Total Sales

    Robert Fragoso
    Section Image
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Map

Source: The MLS

MLS Number: 22-188359

The MLS

APN: 5524-024-002

California Los Angeles County Los Angeles 90004 Hancock Park

542 N Mccadden Place, Los Angeles, CA

This home is located at 542 N Mccadden Place, Los Angeles, CA 90004 since 10 August 2022 and is currently estimated at $3,103,797, approximately $1,326 per square foot. This property was built in 1947. 542 N Mccadden Place 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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