NOT LISTED FOR SALE

816 N Mccadden Place Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,628,000 - $2,271,292

4 Beds
3 Baths
2,544 Sq Ft
$757/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $1,550,000 $609 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,718/month

34 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Granite Countertops
  • Fireplace in Bathroom
  • Spanish Architecture
  • Tankless Water Heater

About This Home

As of October 2020

Rare opportunity to own 1923 Spanish duplex w/2 side x side units on lg buildable lot. Owners unit has been remodeled, blending old-world style w/conveniences of modern living. The great room features a fireplace anchored in limestone, giving a feeling of comfortable elegance w/dining beyond. The kitchen features granite, & state of the art appliances. Down the hall is a laundry room, 2 baths, & 2 light filled bedrooms. The spa bath has been luxuriously appointed & features a large enclosed rain shower w/body jets. Off the master is a backyard oasis featuring fiscus & olive trees & outdoor fireplace, the perfect spot to wind down from a long day. A studio tucked in the back completes the yard. This home also features hardwood flooring throughout, tankless hot water heater, and HVAC. The long driveway leads to a garage currently used as storage but can be converted back or possibly transformed into an ADU. The second unit is spacious a 2 bed, ready for a personalized remodel.

Last Agent to Sell the Property

William Henry

Coldwell Banker Realty License #01149920 Listed on: 08/01/2020

Coldwell Banker Realty

Co-Listed By

Craig O'Rourke

Coldwell Banker Realty License #01133381

Last Buyer's Agent

Paul Yoo

Keller Williams Larchmont License #01274972

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,227

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,249 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Back Yard

Home Design

  • Spanish Architecture
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • French Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Views of Woods

Kitchen

  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Fire Pit
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5524-005-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,227

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Alley: No
  • Entry Location: Living Room
  • Living Area: 2544
  • Lot Acreage: 0.1664
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Bath, Dining, Fire Pit, Free Standing, Gas, Kitchen, Living Room
  • Flooring: Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Bathroom Features: Shower Stall
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker
  • Price Per S Q F T: 658.41
  • Windows: French Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: French Doors
  • Other Structures: Accessory Bldgs
  • Roof: Clay
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 22.49
  • Assessed Improvement Value: 111948
  • Assessed Land Percent: 77.51
  • Assessed Land Value: 385880
  • Total Assessed Value: 497828
  • Assessor Parcel Number: 5524-005-017
  • Lot Description: Back Yard, Fenced
  • Lot Location: City
  • Lot Size Area: 7249

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Total Annual Expense: 20000
  • Type Of Units: 2 bedroom
  • Vacancy Rate: 1%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Oct 12, 2020
Sold by
Darnell John J and Guittard Clark Martin
Bought by
Kim James Jong and Kim Agnes Eun
Seller's Agent
William Henry
Coldwell Banker Realty
Buyer's Agent
Paul Yoo
Keller Williams Larchmont
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Current Estimated Value
$2,015,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,036
Avg. Annual Appreciation
4.62%
Original Mortgage
$930,000
Outstanding Balance
$830,916
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,096,157

Purchase Details

Closed on
Jun 13, 2020
Sold by
Cohen Izumo Liliane and Claude Cohen Trust
Bought by
Guittard Clark Martin and Guittard Cari Lynn

Purchase Details

Closed on
Mar 27, 2017
Sold by
Guittard Clark
Bought by
Guittard Clark Martin and Gulttard Cari Lynn

Purchase Details

Closed on
Jul 19, 2013
Sold by
Cohen Claude
Bought by
Cohen Claude and The Claude Cohen Trust

Purchase Details

Closed on
Feb 15, 2013
Sold by
Darnell Hn J and Santiago Edwin
Bought by
Darnell John J and Guittard Clark

Purchase Details

Closed on
Sep 25, 2012
Sold by
County Of Los Angeles
Bought by
Darnel John J and Santiago Edwin

Purchase Details

Closed on
Jul 13, 1993
Sold by
Mazzei Elie A and Cohen Claude
Bought by
Mazzei Elie A
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
Kim James Jong $1,550,000 Equity Title Los Angeles
Guittard Clark Martin $545,000 Fidelity National Title
Guittard Clark Martin -- Chicago Title Company
Cohen Claude -- None Available
Darnell John J -- None Available
Darnel John J $242,000 Fidelity Van Nuys
Mazzei Elie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim James Jong $930,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $1,550,000 -7.5% $609 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/02/2020 08/02/20 Price Changed $1,675,000 -1.2% $658 / Sq Ft
08/01/2020 08/01/20 For Sale $1,695,000 -- $666 / 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 $20,227 $1,677,767 $1,006,661 $671,106
2024 $20,227 $1,644,871 $986,923 $657,948
2023 $19,839 $1,612,620 $967,572 $645,048
2022 $18,922 $1,581,000 $948,600 $632,400
2021 $18,688 $1,550,000 $930,000 $620,000
2019 $6,552 $517,937 $401,468 $116,469
2018 $6,399 $507,783 $393,597 $114,186
2016 $6,105 $488,067 $378,314 $109,753
2015 $6,018 $480,737 $372,632 $108,105
2014 $6,050 $471,321 $365,333 $105,988
Source: Public Records

Agents Affiliated with this Home

  • William Henry

    Seller's Agent in 2020

    William Henry

    Coldwell Banker Realty

    (310) 200-7174

    1 in this area

    35 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Craig O'Rourke

    Coldwell Banker Realty

  • Paul Yoo

    Buyer's Agent in 2020

    Paul Yoo

    Keller Williams Larchmont

    (213) 616-1714

    1 in this area

    40 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 20-612112

The MLS

APN: 5524-005-017

California Los Angeles County Los Angeles 90038 Hollywood

816 N Mccadden Place, Los Angeles, CA

This home is located at 816 N Mccadden Place, Los Angeles, CA 90038 since 01 August 2020 and is currently estimated at $1,927,073, approximately $757 per square foot. This property was built in 1923. 816 N Mccadden Place is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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