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319 South McCadden Place

319 South McCadden Place, Los Angeles, CA 90020
Property in Hancock Park
Sold Mar 30, 2021
$4,054,500
$3,243,600 by City National Bank
Mortgage Due Apr 01, 2051
Sold Jul 09, 2018
$3,725,000
$1,500,000 by Chisholm Perrin 2008 Family Tr
Mortgage
Local assessors in Los Angeles, CA have categorized 319 South McCadden Place as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 12,255 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 4 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 319 South McCadden Place has a total of 3,572 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Residents rely on central air conditioning for their cooling system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 319 South McCadden Place was last sold in Feb 23, 2021 for $4,054,500. According to our calculations, that's $1,135.08 per sqft. Prior to that sales transaction, the property was sold for $3,725,000 in May 8, 2018. Current property owners are expected to pay $48,962 in taxes per year. The property on 319 South McCadden Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,218,301. To break that down further, the land itself was valued at $3,374,641. While improvements to the property were assessed at a total of $843,660. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,255
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,572
  • Building Area: 3,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6388
  • Land Acres: 0.281
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6388 LOT/SEC 70

Ownership

  • Current Owner : BURHENN STEPHEN
  • Previous Owner : WOLF ADAM
  • Previous Owner 2: WOLF SUMANA
  • Owner Before Previous Owner: CHISHOLM RICHARD G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-B1
  • Subdivision Tract Number: 6388
  • Parcel: 5507-003-018
  • Lot: 70
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0683
  • Longitude: -118.338

    Address

  • Full Address: 319 S Mccadden Pl
  • Address - House Number: 319
  • Street Direction: S
  • Address - Street Name: Mccadden
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 4817
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,962
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,776,506
  • High Value: 4,627,753
  • Low Value: 2,925,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,243,600
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,243,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,218,301
  • Assessed Land Value: $3,374,641
  • Assessed Improvements Value: $843,660

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11827367438
  • Current Sale Price: $4,054,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0493664
  • Previous Sale Recording Date: Jul 09, 2018
  • Previous Sale Contract Date: May 08, 2018
  • Previous Sale Amount: $3,725,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $3,243,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHISHOLM PERRIN 2008 FAMILY TR
  • Previous Mortgage Transaction Date: Jul 09, 2018
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Central LA



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Frequently Asked Questions

What neighborhood is 319 South McCadden Place located in?
The 319 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 319 South McCadden Place?
The average sales price for units in 319 South McCadden Place is $0 currently.

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