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131 South McCadden Place

131 South McCadden Place, Los Angeles, CA 90004
Property in Hancock Park
Sold Dec 19, 2018
$3,800,000
Local assessors in Los Angeles, CA have categorized 131 South McCadden Place as a residential type of property. The home was built in 1926 and is 98 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 11,003 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 131 South McCadden Place has a total of 4,713 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 5, 2018 for $3,800,000. That's $806.28 per sqft. 131 South McCadden Place was last assessed in 2023. The total value of the property was assessed at $4,074,365. Specifically, the land the property is located on was valued at $3,241,051. While improvements on the property were assessed at a total of $833,314. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $47,338. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 120
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,003
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,713
  • Building Area: 4,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,713
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8320
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8320 LOT/SEC 82

Ownership

  • Current Owner : SONG JENNY
  • Previous Owner : LEVINE SEYMOUR
  • Previous Owner 2: LEVINE SEYMOUR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214100

Zoning

  • Zoning: LARE9

Geography

  • Assessors Map Reference: 34-B6
  • Subdivision Tract Number: 8320
  • Parcel: 5513-013-022
  • Lot: 82
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0726
  • Longitude: -118.338

    Address

  • Full Address: 131 S Mccadden Pl
  • Address - House Number: 131
  • Street Direction: S
  • Address - Street Name: Mccadden
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C057
  • 4-Digit Zip Code: 1051
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,338
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 4,265,790
  • High Value: 5,241,799
  • Low Value: 3,289,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,074,365
  • Assessed Land Value: $3,241,051
  • Assessed Improvements Value: $833,314

    Sales

  • Current Sale Contract Date: Oct 05, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Transaction ID: 11546843362
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1289578

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 19, 2018
  • First Mortgage Loan Amount: $2,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Central LA



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Frequently Asked Questions

What neighborhood is 131 South McCadden Place located in?
The 131 South McCadden Place is a located in the neighborhood of Hancock Park in Central LA, Los Angeles.
What is the average sales price for listings in 131 South McCadden Place?
The average sales price for units in 131 South McCadden Place is $0 currently.

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